Malaga duo Sandro Ramirez and Pablo Fornals are on the radar of Arsenal.
The Daily Mail says the pair are "serious" Arsenal transfer targets.
Sandro scored 16 goals in 31 games this season and has a buy-out clause of just £5million. He is also interesting Everton.
Fornals, meanwhile, is viewed at Arsenal as the long-term replacement for Santi Cazorla.