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Valencia striker Miguel Angel Angulo could be set for a move to Arsenal, according to the player's agent.
The Spanish international, who can also operate in midfield, has turned down a new deal at La Mestalla and is open to offers.
Arsenal have now emerged as shock contenders for Angulo and The Gunners are reported to be lining up talks with Valencia.
The Gunners could be in the market for a new striker after Jeremie Aliadiere suffered a serious knee injury in Sunday's Community Shield win over Manchester United, while Sylvain Wiltord and Kanu have both left Highbury over the summer.