Arsenal are plotting a £16 million offer for Sami Khedira, the midfielder who is due to represent Germany at this summer's World Cup.
Such information comes courtesy of reports from French newspaper Le10 Sport cited by The Daily Express, with Arsene Wenger believed to be interested in bringing the 27-year-old to the Emirates Stadium.
Arsenal are expected to be on the hunt for a robust midfield presence this summer and 27-year-old Khedira would certainly appear to be a better fit for the club's current needs than former Gunners favourite Cesc Fabregas.
There would be an element of obvious risk regards to a move for Khedira, of course, with the player having missed much of the 2013/14 La Liga season with a nasty knee injury sustained on international duty against Italy back in November.
While understandable questions regarding his long-fitness may still exist in some quarters, it is certainly worth noting that Khedira did make a successful return for Real Madrid in early May and made five appearances in all competitions - including the all-important Champions League final against rivals Atletico - before the end of the campaign.
The former Stuttgart man also returned to the senior Germany fold recently for the friendly against Cameroon, proving to Joachim Low that he is capable of playing a role this summer in Brazil.
£16 million seems somewhat of a low price for a player of Khedira's established quality, so it remains to be seen if Real Madrid will be willing to accept such an offer outright or if they will attempt to negotiate a higher fee more representative of his abilities.
They would also have the option to reject the offer, of course, although you get the feeling that the Spanish giants wouldn't find it particularly hard to secure a fitting world-class replacement given their noted prowess in the transfer market.
It will also be particularly intriguing to see if Arsenal's apparent intentions to officially register their interest in Khedira will draw any sort of reaction from Premier League title rivals Chelsea and manager Jose Mourinho.
Khedira was initially brought to Real during Mourinho's eventful three-year spell in charge at the Santiago Bernabeu and reports from earlier this year suggested that the Blues could be preparing a big swoop of their own to reunite the pair at Stamford Bridge.