The Gunners are in advanced talks with Real Madrid to re-sign midfielder Dani Ceballos on another season-long loan.
Ceballos has proved last season to be an influential player for Arsenal, and Mikel Arteta is keen to keep him at the Emirates Stadium with the club increasingly confident of a deal in the coming days.
Nonetheless, he remains a Real player and he trained with Madrid on Monday as the squad gathered for their first session since being knocked out of the Champions League by Manchester City last month.
Speaking to Sky Sports in July, Ceballos expressed a willingness to return to North London next season.
“I’m very happy at Arsenal,” Ceballos said. “It’s a club in which I already have a year of experience, so it would be very easy to return.
“I wouldn’t have to adapt to a new league or new club with a different manager and players.