Arsenal are chasing Real Mallorca striker Dani Guiza.

Cashed strapped Mallorca, who are a takeover target for former Newcastle chairman Freddie Shepherd, are resigned to losing Guiza, 27, who has a £12m buy-out clause written into his contract and underwent a medical with Fenerbache last week, but the Turkish side are nervous the lack of further developments is down to interest from Arsene Wenger.