Arsenal are following Esteban Granero's situation at Real Madrid.
Granero faces being squeezed out at Real once Nuri Sahin fully recovers from his knee problems.
Cadena Ser says Arsenal are interested in Granero and will move for the midfield schemer should he remain available in January.
The midfielder is likely to seek a move should he spend more time in the stands than on the pitch in the coming months.
Click here for the No1 coverage of all the gossip and transfer news around Real Madrid.