Arsenal are favourites to sign Celta Vigo winger Nolito, Spanish newspaper Sport report.
The attacker had been strongly linked to Barcelona, but The Express reported last week they had pulled out of the race.
Sport report Arsenal are now taking an interest in the in form star with a view to a potential January move.
Nolito has five goals in seven games this season, with three assists also to his name. He managed one of these goals and two assists in the shock 4-1 win over Barcelona a fortnight ago.
The 28-year-old scored 13 times and provided 13 assists in 32 games for Celta last season, and this time around has lifted them to a surprise second place early on in the campaign.
Sport report he has a release clause in his contract of 24 million Euros - £17.7 million.
Nolito played early in his career regularly for Barcelona's B team but only made two first team appearances.