Three days ago, we carried a report from AS, who explained Real Madrid will not sell Dani Ceballos for anything less than €50m and Arsenal ‘would be willing’ to meet Los Blancos asking price for the midfielder.

The same day, the Spanish newspaper also explained that Tottenham Hotspur are interested in the 22-year-old as Mauricio Pochettino identified him as a ‘priority’ target for the Champions League runners-up.

Journalist Miguel Ángel Díaz provides latest update while speaking to El Partidazo de COPE.

The Spain U21 international still has four years left on his contract with the La Liga giants, but Zinedine Zidane does not rely on him for next season.

However, Real Madrid’s leaders are confident in Ceballos’ qualities, which is why they have ruled out a permanent transfer in the summer transfer window and will only allow him to leave on a loan deal.

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Unai Emery’s side and Spurs once again get a mention as Miguel Ángel Díaz states the Gunners and Tottenham are two ‘best placed clubs’ to sign Ceballos on loan.

There’s no suggestion whether it’s Arsenal or Tottenham with the advantage at this stage.

Ceballos has impressed for Spain U21s at the European championship in Italy and San Marino, which would be another reason for interest from the two north London clubs.

A loan for Ceballos sounds rather tempting, especially for Arsenal and their limited budget.