Real Madrid are ready to take Dani Ceballos from Arsenal to use him in transfer negotiations this summer.
Ceballos is currently on-loan with Arsenal to the end of this season and it emerged last week that Real Madrid would seek to sell for €25m over the summer.
La Razon via Le 10 Sport reports, however, that Real may recall Ceballos in order to offer him in part-exchange to Real Betis for Nabil Fekir.
Betis are willing to listen to offers for the France international, a favourite of Real coach Zinedine Zidane, at a starting price of €40m.
And Real Madrid are prepared to send Ceballos back to his old club in order to drive down the cash component of a deal for Fekir.
Contracted to Real Madrid until 2023, Ceballos has played 25 times for Arsenal this season, producing two assists. He penned new terms with Real Madrid last September.