Chelsea and Arsenal appear set to miss out on Spanish defender Martin Montoya.

The 20-year-old Barcelona full-back has been heavily linked with a move to the Barclays Premier League in recent months, with teams from the capital thought to have taken a particular interest in the right-sided defender.

However, the U21 international has revealed he's hopeful of signing a new deal that would keep him at the Nou Camp, despite interest from a number of other clubs across Europe too. Bayern Munich and Roma have been linked.

"Yes, I want to renew," he replied when asked on his feelings towards a new contract in Catalonia.

Chelsea were first linked with a move for the player in the summer following Andre Villas-Boas' arrival at Stamford Bridge, with the former Porto boss thought to be keen on the youngster.

Reports in November claimed the Blues were ready to take their interest a step further after Chelsea sporting directer Michael Emenalo highlighted the player as a promising possible addition, alongside a trio of other players currently plying their trade with Barca.

The club could also look to use the recent addition of Oriol Romeu to their favour, with the central midfielder making the same move to Chelsea in the summer.

Pep Guardiola inserted a buy-back clause over the following two seasons in Romeu's deal, and could do the same if Chelsea are willing to do so.

As for Arsenal, they were linked with Montoya in the summer as part of a possible player-plus-cash deal for Cesc Fabregas.

Whilst their then club captain left the Emirates Stadium for cash only (£35 million), Arsenal boss Arsene Wenger is still thought to be an admirer of the talented youngster.

With Bacary Sagna's current injury exposing a lack of depth in the position for the Gunners, Montoya could be the man to add some strength-in-depth to the Arsenal defence as they look to push-on both domestically and in Europe.

Laurent Koscielny has filled-in admirably for the Frenchman, but Montoya could provide long-term competition in the position for years to come.

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