Arsenal's interest in Norwich midfielder Emi Buendia has him "inspired," as the Gunners consider making a formal offer for the Argentine.
Technical director Edu is expected to try to recruit Odegaard from Los Blancos in the coming weeks, but if his efforts are unsuccessful, Buendia will be the main aim.
"One always dreams of being at the highest level and in the best teams in England, Spain or Europe," Buendia told AS.
"One dreams of playing for titles, it is an ambition that I have, it is a pride that important clubs are interested in you, it means that you are doing things well and it is a motivation to continue working and one day achieve it."
After gaining promotion to the Premier League, Norwich are under less pressure to sell their star players, with the likes of Buendia, Todd Cantwell, and Max Aarons all receiving interest from teams in the top level.
Stuart Webber, the Canaries' director of football, has stated that they will only be sold if the price is right.
"If anyone wants any of those guys they are going to have to break our club transfer record (£25million) to even get me to answer the phone, to be honest. All three are aware of that," said Webber.
"One of them may go, maybe two or all three of them will go, who knows - but the facts are that this team isn't about one or two players. For us to be successful in the Premier League it's going to be how does the squad of 20 do, not if one player performs brilliantly."