Arsenal are in the hunt for Velez Sarsfield attacker Thiago Almada, according to a report in Spain.
Mundo Deportivo report that Arsenal are one of several clubs interested in signing the Argentinian youngster, who has a release clause of €22million.
The report says that Manchester City and Atletico Madrid are also monitoring his progress, with Sarsfield expecting to sell this summer.
Atletico are said to be watching the talented 18-year-old, but AS via the Manchester Evening News this week suggested City are also keeping tabs on Almada.
Almada, 19, currently has a €22m (£19.2m) release clause, but that will rise to €25m (£21.8m) from the end of August.
The report added that City could have an advantage in the chase for the player as Atletico are not willing to pay, but Arsenal are also now in the race for the talented youngster.
Arsenal are also in discussions with the representatives of Norwegian teenage winger George Lewis after his impressive display on trial earlier this year, according to reports.
Lewis, a right winger who can play across the forward line, is currently a free agent after a spell playing in Norway’s lower divisions.
According to Goal, the Gunners initially invited Lewis on trial for a week March and were wowed by his “versatility” up front.
As such, he was allowed to further showcase his skills for another seven days and the source says that Arsenal have decided to pursue a deal for the player.
It is claimed that Lewis will feature for Arsenal’s Under-23s – managed by Steve Bould – if the deal goes through and that he is not expected to follow a seamless path to the first team enjoyed by Gabriel Martinelli and Matteo Guendouzi.