River Plate defender Emanuel Mammana is a target for Arsenal and Tottenham.
TMW says Mammana, who can also play right-back, is considered by Arsenal as a promising young talent.
They claim Atletico Madrid are considering an offer for the player, who may struggle to earn a work permit in the UK as he is from a non-EU country.
However, Arsenal and Tottenham could just as likely sign Mammana and field him out on loan, as the Gunners have done before with Joel Campbell and Wellington Silva.