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Arsenal are planning a summer approach for Emiliano Buendia as they aim to find a suitable replacement for Martin Odegaard.
Odegaard joined the Gunners on loan from Real Madrid in January, and he has impressed in his 19 appearances.
However, they are unlikely to land him permanently, with Madrid ready to reintegrate him into their plans.
According to Goal, the Gunners are already looking at alternatives, and could return for long-term target Buendia.
Buendia played a key role in the Canaries' return to the top-flight, registering 15 goals and 17 assists from 39 games.
He was linked with the Gunners during the January transfer window, but the Canaries were reluctant to negotiate.
It is now claimed that Buendia could be available for around £40m. The Canaries are unlikely to sell him for anything less.
Liverpool and Tottenham Hotspur have also been credited with an interest in Buendia, who was recently called up by Argentina.
He could make his international debut in the World Cup qualifiers next month.
Written by Sri Aswin
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