Barcelona and Bayern Munich would both reportedly be interested in Aaron Ramsey should Arsenal indicate that they would be willing to part with the Welsh international.
The 23-year-old was one of the Gunners' key players last season as the North Londoners ended a wait of nine years for a trophy by lifting the FA Cup.
What's more, it is believed that his form over the last two campaigns is one of the major reasons as to why Arsene Wenger has no intention of re-signing Cesc Fabregas.
However, Spanish outfit Barca have monitored Ramsey's progress for a number of months and would be keen to add him to the Camp Nou squad, according to the Daily Mail.
The report added that German champions Bayern had identified the former Cardiff City player as a potential candidate to replace Toni Kroos, who has just 12 months left to run on his contract at the Allianz Arena.
