Arsenal have been offered renewed hope of completing a deal to sign Isco this summer after it emerged that Real Madrid are prepared to listen to offers of £35 million.
According to the Sunday People, the Spain international could be on his way out of the Santiago Bernabeu if Los Blancos are successful in their pursuit of either Paul Pogba or Marco Veratti.
The arrival of either of those midfielders from Juventus or Paris Saint-Germain will pave way for the former Malaga star to move on, and the Emirates Stadium has been touted as a possible destination.
Gunners boss Arsene Wenger is a huge admirer of the 22-year-old and would love to take him to north London in time for next season.
However, Arsenal could face competition from Premier League rivals Manchester City, who have also been linked with a prospective bid for the Real Madrid star.
Manuel Pellegrini worked with Isco during his time at La Rosaleda Stadium, and having been tasked with bringing down the average age of his squad at the Etihad Stadium the fleet-footed forward is seen as an ideal acquisition.
The Chilean coach's future with the Citizens is by no means certain, though, so that's why Arsenal are probably better placed to secure the Spaniard's signature.
Isco has struggled to cement his place in Carlo Ancelotti's starting XI this term, but did play the full 90 minutes of Saturday's 3-1 victory over his old club.
His prospects of more regular action have been slightly improved by the injury picked up by fellow midfielder Luka Modric, but the return to action of James Rodriguez ensures that competition for places remains fierce.
Arsenal fans: Would you like to see Arsene Wenger bring Isco to the Emirates this summer? Where would he fit into the Gunners team? Share your thoughts below...