Manchester United target Milos Krasic is being linked with a January move to Arsenal as part of a deal that would see Theo Walcott switch to Italy.
The Serbian international has been courted by a number of English clubs in recent months, with Sir Alex Ferguson a reported admirer of the 27-year-old.
However, Italian publication Corriere dello Sport claims Juventus are going to offer the player to Arsenal boss Arsene Wenger, with the Serie 'A' giants hoping to lure the England winger in the opposite direction.
The Gunners were first linked with a move for the player back in the summer of 2010, although the bianconeri won the race for the player from CSKA Moscow.
After struggling for opportunities at the Juventus Stadium, the future appears bleak for Krasic in Turin, and joining Arsenal at the Emirates Stadium could now be one of the best options for the player.
Whether Wenger will be willing to let Walcott leave north London is another matter entirely, with the 22-year-old making huge strides since his arrival at Arsenal in 2006.
Alex Oxlade-Chamberlain is a player who could potentially serve a similar role for Arsenal were they to let Walcott leave, but the 18-year-old has minimal Barclays Premier League experience and would be a gamble.
For Manchester United, the news of Krasic's possible switch to the capital will come as a blow.
Ferguson has been pursuing the Serb for some time now, and were boosted last month when the player admitted he would consider furthering his career in England, with Old Trafford a possible destination.
A mini-slump in form has led many to predict that Manchester United will turn to the transfer window in January, and the versatility of Krasic means he could fill an attacking midfield role, as well as playing on the wing.
The Red Devils will have to act fast in 2012 if they are to not miss out on the player if these reports to be believed, although the Manchester United boss is likely to have a host of other targets on his radar.