The Real Madrid winger is a key target for Unai Emery's Arsenal, according to reports.
According to a report from Spanish media outlet Don Balon, Arsenal are leading the race to sign James Rodriguez from Real Madrid, and are willing to pay £40 million to bring him to the Emirates.
The lively winger is currently halfway through a two-year loan deal with Bayern Munich, and the Bundesliga outfit have first option to buy him.
They are still yet to activate said option, however, leaving the door open for Unai Emery's Arsenal to swoop in for Rodriguez, according to Spanish publication Don Balon.
They do also claim that the Gunners will face stiff competition from a variety of top clubs for the 26-year-old's signature, however.
Good signing for Arsenal?
The simple answer to this question is yes.
Rodriguez is one of the most exciting attacking players in world football.
He is technically gifted, possesses a potent delivery, and plays with a certain type of pace and directness that would undoubtedly help the Gunners improve upon the potency of their play in the final third.
The Colombia international can play anywhere along the front-line, something that would allow Unai Emery to play with more in-game tactical fluidity.
And for the reported fee of just £40 million, it would surely be considered as excellent value for Arsenal.