Arsenal have reportedly been told that they will have to come up with an offer of £22m in order to sign Real Madrid midfielder Dani Ceballos on a permanent deal this summer.
The 24-year-old returned to the Gunners on loan for the 2020-21 campaign and has featured on 24 occasions in all competitions this term, including 16 outings in the Premier League.
As it stands, the Spaniard is due to return to the Bernabeu this summer, but according to La Razon, Madrid are open to selling the midfielder to Mikel Arteta's side.
The report claims that the London club would have to pay a fee of £22m to acquire Ceballos on a permanent basis.
Despite being a regular this term, the former Real Betis youngster has not featured for the Gunners in the Premier League since the middle of January and has been an unused substitute in their last two top-flight fixtures with Wolverhampton Wanderers and Aston Villa.
Ceballos's existing deal at the Bernabeu is due to run until the summer of June 2023.