North London rivals Tottenham had previously expressed an interest but it appears that a move to The Emirates Stadium is likelier.
MARCA and AS in Spain have both carried the story and they insist that it is Unai Emery pushing for the move to go through, and that fact pleases the player.
Contact has already been made with the Spanish club, and the Gunners are ‘pushing’ to sign Ceballos. Arsenal is pushing for a loan move and that suits Real Madrid, who are not currently considering a permanent sale.
Marca explains why Ceballos himself is keen: ‘He likes Arsenal for the club, the city and because at the head of the team is Unai Emery, who is the one who is engaged in the signing of the player.’
If a loan deal goes ahead, Arsenal will have to pay 100% of Ceballos wages, which is €3m a season, and it’s not thought that would be an issue. With Arsenal's transfer budget reportedly a limited one, that could suit both parties.
‘Talks are advanced’ according to the Spanish newspaper, and Arsenal wants to get the deal done with this week, all that is needed is Real Madrid's go-ahead.
Zinedine Zidane apparently doesn't regard Ceballos as an important part of his plans for the coming season and a move to North London looks likely.
We will keep you updated as the story develops.