Arsenal could use unsettled midfielder Lucas Torreira in a swap bid for Atletico Madrid midfielder Thomas Partey.
Mundo Deportivo says the Uruguayan has been a long-term target for Diego Simeone's side and a move may finally come to fruition this summer.
The Gunners could explore a potential swap deal with Atletico which would see Partey move in the other direction.
Fiorentina are mentioned as another possible destination for the combative midfielder, whose stock at Arsenal has fallen recently.
Indeed, Torreira spoke to local Uruguayan radio over the weekend admitting he was considering his options.