According to TEAMtalk, Arsenal are open to offers for Martin Subimendi.
The club has set a minimum fee of €90 million for the 27-year-old midfielder.
Although the Gunners are not actively pushing for his departure, the recent signing of Bruno Guimaraes opens the door for a move should interested parties meet their asking price.
Chelsea are currently the frontrunners for his signature, with their new boss Xabi Alonso having worked alongside Subimendi at Real Sociedad.
Alonso sees the midfielder as the perfect fit for his tactical setup in the middle of the park.
Meanwhile, Subimendi himself is keen to maintain a pivotal role in his team and isn't looking to become a rotation player.
The situation is being closely monitored by Spanish giants Real Madrid, who are also ready to enter the fray should Arsenal decide to offload the midfielder.