Calum Chambers is set to leave Arsenal on a six-month loan deal and return to Southampton just 18 months after swapping St Mary's for north London, reports the Sun.
While the defender is highly rated by Arsene Wenger, a lack of game time has seen his progress at the Emirates stall.
Indeed, the 20-year-old has started just one Premier League game so far this season, which is a significant come down from his first six months at the Emirates.
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This time last year, Chambers had started 21 of Arsenal's games in all competitions and had even broken into Roy Hodgson's England squad. But the arrival of Gabriel Paulista in the January window shoved him down the pecking order.
Southampton, meanwhile, are in dire need of defensive reinforcements. Their Premier League form has taken a significant turn for the worse and a series of poor performances has seen them slip to 12th place, just six points ahead of the relegation zone.
A good deal for everyone
As a result, a return to the South Coast appears to be a deal that will suit all parties. Chambers will get more game time and develop his huge potential while the Saints will get the reinforcement they need.
However, the deal could hit a stumbling block if Mathieu Debuchy forces his way out of Arsenal in January.
The Frenchman has fallen behind Hector Bellerin in the right-back pecking order and has already declared his intention to leave if the situation doesn't change.
He is looking to earn a place in France's squad for Euro 2016 and will need to be playing every week to do so.
If Debuchy does leave, Chambers will need to be drafted in as cover for the impressive Bellerin and the deal with Southampton will be off.