Real Madrid goalkeeper Iker Casillas could be in his last season at the club with a move to England in the pipeline.
Casillas has 43 caps for Spain
The 24-year-old Spain international is still waiting on a new contract offer and the News of the World report that Arsenal are potential suitors.
"I've not sat down with anyone from Madrid to discuss a new deal for Iker," said his agent Gines Garvajal.
"We are waiting for the call but if not, from 1 January we can talk with other clubs."
Manchester United showed interest in Casillas earlier in the year, but at the time any move from his hometown club looked unlikely and Sir Alex Ferguson has since signed Edwin van der Sar.
That leaves the way clear for Highbury boss Arsene Wenger to finally secure the services of a long-term successor to former England goalkeeper David Seaman.
Casillas fits the bill and it is thought the player would be willing to listen to offers.
He is said to be growing disillusioned by Real's failure to discuss new terms and improve his basic salary of £7,000 a week, a figure that is dwarfed by his fellow galacticos at the Santiago Bernabeu.