Arsenal have reportedly been informed by Real Madrid that the Spanish outfit are open to listening to offers for striker Alvaro Morata.
The North London club are said to be keen on bringing the Spaniard to the Emirates for the remainder of the season in a bid to boost their injury-hit attacking force.
While Madrid were initially against letting Morata leave, it is understood that after talks between the player's representatives and the club, Madrid could agree a loan deal with Arsenal this month, according to London Evening Standard.
Reports have claimed that a loan agreement would also include a fee.