The Daily Star reckon the Gunners are ready to smash their transfer record, but don’t hold your breath.
The Transfer Bin a special destination for the most spurious and unbelievable transfer rumours, which are not in short supply as the January window kicks into gear.
Although few would doubt the North London side’s need to strengthen or the midfielder’s quality, the chances of this actually happening are between slim and none.
Although Arsene Wenger has been more forthcoming in spending money in recent windows, with the big-money captures of Mesut Ozil and Alexis Sanchez, the Gunners splashing £64 million on one player looks very unlikely.
Isco’s future was certainly a case in point at the start of the season following the summer arrivals of Toni Kroos and James Rodriguez at the Santiago Bernabeu - but it is not something to be discussed now.
The former Malaga man has proven himself as one of the most important players at Carlo Ancelotti’s disposal and has been in excellent form over the course of the campaign.
With Luka Modric suffering injury, Isco has dropped to play deeper in central midfield and has proved a revelation - so much so that the influential Croatian has barely been missed.
The Spain international’s versatility, work-rate, range of passing and determination have been key in Madrid’s recent 22-game winning streak, with the chances of the European champions letting him go now very slim.
Competition for places at a club like Real Madrid is always going to be intense, but even when Modric returns expect Isco to play a major part in the Spanish capital side’s quest for silverware this term.
Although he would be an excellent signing for Arsenal, or anyone else for that matter, Gunners fans shouldn’t get too excited over the possibility of him winding up at the Emirates Stadium.