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31st January 2016
10:31am GMT

According to The Independent, Arsene Wenger's side have been told the Spain international - also rumoured to be a target for Manchester City - is available for £25m.
Isco joined Madrid from Malaga in 2013, and has scored 20 goals in 129 games. He's also a fan favourite with the Bernabeu crowd.
Any move is unlikely to happen until the summer, though, with Wenger's team already strong in that particular department.Explore more on these topics: