According to reports in the Daily Express, Arsenal are to battle Chelsea and Manchester City for Isco.
The Real Madrid midfielder struggled to hold down a place at the Bernabeu last season, and thus attracted several suitors, including clubs from the Premier League.
Chelsea were supposedly the frontrunners for the 23-year old’s signature, with midfielder Oscar set to be exchanged – the recently had a £20 million bid rejected by Los Blancos.
However, Manchester City reportedly entered the race for the Spaniard last week, with City boss Manuel Pellegrini thought to be keen on a reunion with a player he managed at Malaga.
But, according to The Telegraph, Arsene Wenger is now weighing up a move to trigger a three-way battle for Isco, with a fee of £35 million touted as being enough to tempt Real and their new boss Rafael Benitez into surrendering the midfielder.
Juventus might also challenge the Premier League trio, after manager Massimilliano Allegri publicly saying he liked the former Malaga and Valencia man “a lot.”