Arsenal report: Gunners have 48 hours to complete signing of Spaniard - or the deal's off
Arsenal have been warned that they must move quickly to land the teenager
Arsenal are in danger of missing out on Ivan Fresneda after being given a 48-hour deadline to make their move, according to reports.
The Gunners have already signed Leandro Trossard and Jakub Kiwior in the winter window, but they could add another new face or two to their squad before the end of January.
Fresneda has emerged as a potential target for Mikel Arteta's side, who have been keeping tabs on the Real Valladolid right-back.
With Cedric Soares on the brink of joining Fulham on loan, Arsenal are interested in bringing Fresneda to the Emirates Stadium as competition for Ben White and Takehiro Tomiyasu.
The Gunners are said to have submitted a £13m bid for the Spaniard in recent days, but they face stiff competition for his signature from Borussia Dortmund.
Fresneda is thought to be attracted to the possibility of a stint with the German side, where he would probably get more regular first-team football.
The Daily Mirror writes that Arsenal will decide over the next day or two whether or not to pursue Fresneda, who only has 10 La Liga appearances to his name at the time of writing.
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A move for the teenager could be complicated by news that Mohamed Elneny is not ready to return from injury, with Arteta revealing that Arsenal will now try to sign a midfielder.
“We need some more cover in midfield ideally if we can,” he said. “In this market it’s pretty complicated to do that.
"The most important thing is that we get the performances and the time on the pitch that we need with the players we have available today that are already really good.”
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Greg Lea is a freelance football journalist who's filled in wherever FourFourTwo needs him since 2014. He became a Crystal Palace fan after watching a 1-0 loss to Port Vale in 1998, and once got on the scoresheet in a primary school game against Wilfried Zaha's Whitehorse Manor (an own goal in an 8-0 defeat).