The Spanish international full-back joined the Gunners from Malaga in 2013, but his inability to claim a regular first-team spot has seen him linked with a return to his homeland.
With his contract set to expire in 2016, boss Arsene Wenger has a big decision to make regarding his future, and reports suggest he is willing to sell Monreal this summer.
“The left back has issued a financial demand to the London club to extend his stay, which Arsenal are apparently not keen on considering, therefore Arséne Wenger will listen to offers for the former Osasuna and Málaga player,” the report states.
One team reported to be keen on signing the former Malaga star is Athletic Bilbao, the Basque side having shown an interest in the player as early as last summer, as per a report in the Express.
Monreal’s previous ties with Osasuna make him eligible to play for the unique Spanish team, and AS go on to say that talks have already begun over the possibility of the 29-year-old making the switch.
The marauding left-back has featured 38 times for the Gunners in all competitions this season, with his latest game coming in the FA Cup final against Aston Villa.
However, Kieran Gibbs is arguably Wenger’s preferred left-back and, with just one year remaining on his current deal, a return to Spain in the near future seems almost inevitable.