Arsenal reportedly remain in the race to sign Real Madrid midfielder Isco at some point in 2021.
Having fallen down the pecking order since the return of Zinedine Zidane, Los Blancos are said to be open to offers for the playmaker.
Everton, managed by Isco's former boss Carlo Ancelotti, are regarded as one of the frontrunners for the Spain international ahead of the January window.
However, according to El Confidencial, the Gunners may rival the Toffees for the 28-year-old.
With Zidane happy for Isco to leave the Bernabeu, the report claims that club officials are now assessing which clubs may be able to afford the player.
Real are allegedly prepared to consider offers in the region of £18m.
