£60m transfer battle! Chelsea and two Madrid giants circle Arsenal star

A major transfer battle is brewing around Arsenal midfielder Martin Zubimendi, with three European giants closely monitoring his situation.

Details: According to The Independent, Chelsea believe they could secure a deal for the 27-year-old Spanish international during the January transfer window. However, the London club face serious competition from Real Madrid and Atlético Madrid, who are also keeping a close eye on the player.

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Zubimendi's position at Arsenal has changed significantly following the arrival of Bruno Guimarães. Mikel Arteta has recently preferred the Brazilian alongside Declan Rice, leaving the former Real Sociedad midfielder with limited playing time.

The Gunners are also looking to strengthen their attacking options, particularly by signing a fast winger. A potential sale of Zubimendi could provide the necessary funds, although Arsenal would reportedly want to recover at least the £60 million they invested in the player.

However, Zubimendi himself has played down speculation about an imminent departure. Speaking to Marca, the Spaniard insisted that he had not contacted any other club and remained focused on fighting for his place in Arteta's team.

It is worth noting that Zubimendi joined Arsenal from Real Sociedad in the summer of 2025. He helped the Gunners win the 2025/26 Premier League title, featuring in all 38 league matches.

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