Real Madrid have joined the queue of clubs hoping to sign Pierre-Emerick Aubameyang this summer and they could try and lighten the financial burden by offering one player as part of the deal.
According to Spanish outlet Diario Madridista, Arsenal have made contact with the La Liga giants to offer up their striker.
Aubameyang will enter the final 12 months of his contract this summer and the Gunners would rather cash in now rather than let him walk for free next year.
It is thought the Gabon international will be allowed to leave for around £50million.
But Real have a plan to try and get a substantial chunk of the fee knocked off by offering Dani Ceballos as part of the deal.
The 23-year-old midfielder has only made 10 Premier League after joining Arsenal on loan at the start of the season.
However, new boss Mikel Arteta may believe the former Real Betis ace could be one for the future.
So Real will apparently allow Arsenal to keep the youngster on a permanent basis as part of the Aubameyang negotiations.
Meanwhile, former Gunners star Paul Merson fears the club may not be able to offer the 30-year-old a suitable contract extension.
“It would be a major disaster for Arsenal if they lost Aubameyang, however, the decision will be weighed up and at least it will be the club’s decision as to what they do,” he told Sky Sports.
“Do they give him £300,000-a-week? I’ve always said they will have a problem until Mesut Ozil leaves the club.
“Every day he’s there, every other top player will want what he’s on. It’s a huge problem and not a new one.
“If they want to keep Aubameyang they will have to pay him big money, but Arsenal may look at it and think if we give him £300,000-a-week for the next two or three years, is he going to be the same player?
“He’s nearly 31 and by the time he’s 34 he’s not going to be the same player. I don’t care who you are, at 34 you are not the same player.
“Arsenal may also weigh it up asking if they will win the Premier League or get into the top four in the next few years if they pay Aubameyang £300,000-a-week. They haven’t actually done it yet with him there, so they may look at it and say it is good business to let him go.
“There’s also the danger of giving him big money, just like they did with Ozil, and then every other player wanting the same.
“It would take you straight back to the Ozil scenario and if you do spend all that money on him and you don’t get into the top four it’s not money well spent.
“It’s a really hard decision and it will all come down to how the club weigh it up.”