Goal reported that the Gunners have made a new and improved bid of £25 million for Celtic's star full-back and, if a move were to happen, Unai Emery will have three first-team left-backs at his disposal next season. Nacho Monreal and Sead Kolasinac have both been regulars for the North Londoners but the arrival of Tierney will certainly alter the pecking order.
The report reveals that the 33-year-old Spaniard has been a subject of interest from La Liga side Real Sociedad this summer but Monreal quashed all the speculation about his future by claiming that he plans to continue in North London.
"That's all rumours. I belong at Arsenal. I still have a contract. My idea is to stay here. It's a great club and I feel really comfortable playing for Arsenal. My idea is to continue playing here," he said.
Arsene Wenger's Arsenal signed Monreal from Malaga back in 2013 and he has featured 248 times for the Gunners in all competitions so far. The 33-year-old featured primarily as a centre-half last season but he was quick to insist that left full-back was his preferred position.
Monreal explained: "My position has always been left-back, this is the position I enjoy most. Football is changing, obviously sometimes our centre-backs have got injured in the last few years and the manager has decided I have to play in that position. That's what I did but my position, and where I enjoy playing, is left-back."
Arsenal are yet to make a major signing this summer with young Brazilian forward Gabriel Martinelli being their only addition to the squad. However, Monreal is convinced that the club are looking for new players and he believes that they will arrive soon.
He said: "I trust in the club. Obviously, a few players decided to retire - Petr Cech, Lichtsteiner - and other players changed. That's how it works in football. One day you're here then you're in another place. But 100 per cent the club is looking for new players. They will come."
Have something to tell us about this article?