Arsenal have held talks with the agents of defender Hector Bellerin over cancelling his contract, with the 27-year-old full-back keen to stay at Real Betis.
Bellerin has fallen out of favour with Mikel Arteta, despite being the club's longest serving player, and his representatives are hoping to negotiate the cancellation of his contract at the club.
Having spent the season with the Seville outfit, Betis are eyeing up a free transfer should his deal be terminated in north London.
With the arrival of Japanese international Takehiro Tomiyasu last summer from Fiorentina, Bellerin saw his position in the squad slip further from the starting line-up, and was duly sent out on loan with Cedric Soares providing back-up.