Inter Milan have joined the race for Arsenal target Martin Montoya, according to talkSPORT.
The Serie A giants are thought to be one month away from receiving a significant cash injection - owner Massimo Moratti has been in talks with Erick Thohir, part owner of Major League Soccer club DC United and NBA team the Philadelphia 76ers, for several months.
And although Moratti has been forced to deny he has reached an agreement to sell a stake worth almost £300m in the club, a deal is thought to be close to completion.
Inter have begun weighing up what transfer targets they want to spend their new-found wealth on when the window re-opens in the New Year - and the Barcelona full-back is on their wish-list.
Montoya, 22, is out of contract at the Camp Nou in June and Arsenal were thought to be leading the chase for the player's signature.
Boss Arsene Wenger had hoped to sign a pre-contract agreement with him in January with a view to a free transfer in the summer - but Inter's interest could force the north London outfit's hand.
Arsenal could step up their interest and secure a cut-price move for the defender with Barcelona in the January transfer window, allowing the Spanish youth international to move to the Emirates sooner rather than later.
Montoya is yet yet to appear under new Barca boss Tata Martino and has Dani Alves blocking his pathway into the first-team, while the player's agent has previously indicated his client is open to a move away from the Catalan giants.
With Montoya's future hanging in the balance, Inter could look to capitalise on the uncertainty surrounding his future, though Arsenal will not want to lose out on one of their top defender targets.