Arsenal have made Real Madrid youngster Alvaro Morata their top transfer target this summer, according to the Daily Mail.
The 21-year old striker is said to be frustrated at the lack of playing time he has received under manager Carlo Ancelotti and is likely to cost around £15 million.
The Gunners attempted to sign the Spaniard on loan in the summer but the move fell through and the club hope that the offer of regular football will lure him to the Emirates.
Morata would also provide a welcome boost to the club's striking department as Olivier Giroud has hit a poor run of form and Lukas Podolski and summer signing Yaya Sanogo have both been plagued by injuries this season.
If a move for Morata does come to fruition it will see the highly-rated hitman line-up alongside fellow Spanish star Santi Cazorla, who has reportedly been offered a new contract which should see him earn a significant pay rise from his current £70,000 a week deal.