Arsenal are reportedly willing to offer centre-back Pablo Mari in exchange for Udinese right-back Nahuel Molina this summer.
After struggling for game time in North London, Mari left the Gunners in January and joined Udinese on loan until the end of the season, and he has since made 11 Serie A appearances.
Molina, meanwhile, has been a key player for the Italian outfit this term, scoring seven goals and registering four assists in 32 appearances as a wing-back across all competitions.
According to Italian news outlet Il Messaggero Veneto, Mikel Arteta is in the market to recruit cover for first-choice right-back Takehiro Tomiyasu this summer and he has identified Molina as a potential target.
The report adds that Arsenal could look to use Mari in a part-exchange deal to lure Molina to the Emirates Stadium, with the defender valued at around £25m.
Atletico Madrid and Juventus are also believed to be interested in signing the Argentina international, who is under contract with Udinese until June 2026.