Ceballos joined Premier League outfit Arsenal on a season-long loan deal from Spanish and European giants Madrid in the summer of 2019.
The 23-year-old attacking midfielder has had injury issues during his time at the Gunners and has been struggling for playing time.
According to WhoScored, the Spain international has made seven starts and four substitute appearances in the Premier League, and has made two starts and two substitute appearances in the Europa League so far this season.
AS has claimed that Ceballos has told Arsenal manager Mikel Arteta that he wants to leave, and that there are already “several clubs” interested in securing his services this monh.
No big miss for Arsenal
With Ceballos having failed to make an impact at the Emirates Stadium, if he leaves Arsenal in the January transfer window, then it will not be a big loss for the Premier League outfit.
When Ceballos joined Arsenal in July 2019, then-manager Unai Emery described the midfielder as “talented player with big technical ability, creativity and precision”, as quoted on the club’s official website.
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