Real Madrid are reportedly exploring the possibility of reaching an agreement for Lyon playmaker Houssem Aouar.
The Gunners are attempting to complete a permanent transfer this summer, with PSG said to prefer a loan agreement with a mandatory option to buy.
However, L'Equipe claims that Real boss Zinedine Zidane wants to win the race for Aouar, signalling his intent by making contact with Lyon.
Los Blancos have been successful in getting several big-earners off their wage bill, something which may put them in a position to bring in Aouar.
Lyon allegedly value their star man in the region of £54m.