Arsenal and Tottenham Hotspur will vie for Argentine striker Diego Milito this summer, with Inter Milan set to offload the player, according to Inter Milan.
Milito scored twice in last season Champions League final against Bayern Munich, but a year on under new coach Leonardo, with the forward has fallen out of favour at the San Siro.
And with the player possibly available for as little as £5 million both Arsenal and Tottenham Hotspur have been put on red alert as both plot their transfer targets for the new season.
The Gunners have endured fitness problems with a host of their forward players, namely Robin van Persie and Theo Walcott and Milito, as well as adding a proven goalscoring touch to an Arsenal side occasionally guilty of overplaying in the final third, he would add a winning ethic and experience to a youthful side.
Spurs are in dire need of expanding their attacking options with the futures of Roman Pavlyuchenko, Peter Crouch and Robbie Keane still undecided, but Milito decision as to which half of north-London he joins may be determined by Tottenham's ability to qualify for the Champions League, something Arsenal don't have to worry about.