Arsenal are being linked with Universidad de Chile striker Eduardo Vargas.
The 26 year-old Chile international has scored 14 goals in 26 games this season and his form has brought him to the notice of European clubs.
Vargas is being linked with Arsenal as a cut-price January signing.
Gunners boss Arsene Wenger may be forced to buy a new striker in the winter market should Marouane Chamakh be sold.