Arsenal and Tottenham are chasing Atletico Madrid winger Thomas Lemar.

The 24-year-old's move to Spain hasn't gone to plan and this season he has made just nine starts under manager Diego Simeone.

Reports in Spain said the club were looking to cut their losses and do a deal with Arsenal, with help from agent Jorge Mendes.

Footmercato says Tottenham have now entered the race to sign the Frenchman but will offer a loan move - with an option to buy - as the club are not thought to have funds for transfers.

Lemar was the subject of a huge tug of war between Arsenal and Spurs in the summer of 2017, and the Gunners' interest continued last summer, where they were thought to have won the race for his signature before he opted for Atletico.