Barcelona are thought to be eyeing a move for Bellerin as a replacement for Dani Alves.
Barcelona believe it would cost as much as £30million to sign Hector Bellerin from Arsenal, reports Spanish media outlet Sport.
It appears as if the Catalans could be set for something of a summer rebuild, with several of their stars being linked with exits.
Two of those are defenders Javier Mascherano and Dani Alves, with both having been linked with moves to Serie A champions Juventus.
(L-R) Barcelona's Cesc Fabregas, Andres Iniesta and Daniel Alves celebrate with the trophy after winning the FIFA Club World Cup
If they do lose both of those players, Barca will need replacements for the defence, and Bellerin is rumoured to be on their list.
The Spanish right back has established himself as a first team regular in the Arsenal first team in the last two years, and could be an ideal replacement for Alves in the right back spot.
Arsenal's Hector Bellerin in action with Norwich's Cameron Jerome
Indeed, technical director Robert Fernandez has already been in contact with the former La Masia youngster to try and discover the player’s future plans and his current situation at the Emirates according to Sport.
However, the Catalans think that a move could be a difficult one, as they believe that it could cost as much as £30million to tempt the Gunners into a sale.
Arsenal manager Arsene Wenger