Barcelona forward Pedro will reportedly leave the La Liga out in the January transfer window, if he fails to cement a place in the club's starting lineup in the next few months, and will then be open to a switch to England, with either Arsenal or Liverpool.
The Spain international has struggled for game time at Camp Nou in recent years, after falling down the pecking order under Pep Guardiola's successors Tito Vilanova and Tata Martino. The player was linked with a move away from Barcelona in the last two transfer windows but eventually chose to give one more shot at his boyhood club.
After the summer exits of both Alexis Sanchez and Cesc Fabreags, Pedro started this season as very much part of the first XI but is now facing competition from teenager Munir El-Haddadi, with new manager Luis Enrique keen on giving La Masia stars a chance with the first team.
And with Luis Suarez set to return from his fourth-month suspension by the end of October, Pedro could find himself yet again reduced as a luxury back-up. And, according to Spanish news source Fichajes, if that is the case the 27-year-old will be keen to listen to offers from both Arsenal and Liverpool when the transfer window re-opens in January.
Both English clubs were heavily linked with a move for Sanchez and Pedro this summer. Arsene Wenger eventually managed to sign the former, while Brendan Rodgers snapped up Adam Lallana from Southampton and Lazar Markovic from Benfica.
However, the report also claims that both Arsenal and Liverpool are still keen on Pedro, are monitoring developments in the player's situation at Barcelona and could offer the player a chance to move to the Premier League.
Meanwhile, Arsenal have also been linked with a move for highly rated Valenica youngster Paco Alcacer.
The 21-year-old forward started the season brightly with two goals from three La Liga matches, and also netted on his competitive debut for Spain during the international break.
Alcacer has a £15 million release-clause in his Valencia contract, and according to the Mirror, both Arsenal and Chelsea have now decided to keep a tab on his performances before making a call in January.