Strikers Pierre-Emerick Aubameyang and Alexandre Lacazette could both leave Arsenal at the end of the season, reports claim.
There continues to be much speculation over the future of Aubameyang, who has been linked with several clubs in recent months.
Chelsea are among the clubs to have been linked with him in recent months and there is also said to be interest among Spanish and Italian clubs.
Now Spanish publication Sport suggest he could be on the way to Real Madrid.
Sport say Real boss Zinedine Zidane is interested in signing Aubameyang as a possible alternative to Lautaro Martinez.
Inter Milan’s Argentina international forward Martinez has been linked with Real and Chelsea but is reportedly keen to move to Barcelona.
Sport say Real could therefore move for Aubameyang, whose contract at the Emirates Stadium runs until 2021.
Other reports in Spain suggest Lacazette could also be on his way to La Liga.
Atletico Madrid want Lacazette and Arsenal could be ready to cash in, according to AS.
Arsenal signings close?
Meanwhile, Arsenal are reportedly closing in on two new signings.
The Daily Mail say a deal for Paris St-Germain left-back Layvin Kurzawa is close, while the Daily Star reports that Arsenal are in talks to sign Reims centre-back Axel Disasi.