Arsenal will make a move for chelsea target Alvaro Arbeloa in January.
Both London clubs have been linked with a move for the former Liverpool right-back, who is reportedly on his way out of Real Madrid.
Arbeloa is an attractive option as he could be grabbed for a knockdown price due to his unhappiness over a lack of playing time.
Money should be no problem for Arsenal having today announced that they have cash reserves totalling more than £170m.
Calum Chambers has been earmarked to play a central defensive role but is likely to cover for the crocked Frenchman in the short-term.
However, the north London club are likely to face competition from Chelsea who have been credited with an interest in the Spaniard.
Arbeloa has dropped down the pecking order at the Bernabeu over the course of the last year.
Dani Carvajal has taken his place in the Champions League winner’s first team and he is set to agree a bumper new deal.
By Ben Kelly
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