Arsenal are reportedly tracking Malaga's Jose Rondon with a view to a January approach for the striker.
Although he has failed to find the net this season, the 22-year-old scored 14 times in 30 La Liga appearances last term and has been attracting plenty of interest.
According to Spanish publication AS, Arsenal are one of the clubs monitoring Rondon, and view the Venezuela international as possible replacement for Marouane Chamakh.
The Moroccan forward is a reported target for mega-rich Paris Saint-Germain, who have been tipped to make a bid for the Arsenal flop in the New Year.
Chamakh has failed to live up to expectations since joining Arsenal on a free transfer in 2010, and has had to get used to a place on the bench.
The 27-year-old started the last campaign well enough but, after some fruitful early season form for Arsenal, he found the net only once in 23 games.
Chamakh is now required purely as back up for Arsenal captain Robin van Persie, and could leave the Emirates Stadium if the right offer is received.