ARSENAL are monitoring the transfer situation of Benfica full-back Alex Grimaldo, according to reports.
Grimaldo is said to be available for as little as £6million this summer as a host of clubs line up a potential bid for the left-back.
Arsenal are in the market for a player in that position, with their £40m pursuit for versatile Ajax defender Lisandro Martinez looking likely to fall flat after Man United went ahead in the race to sign him.
As a result, Arsenal could turn their attention to the 26-year-old Spaniard.
Portuguese newspaper Record have reported The Gunners are 'attentive to the situation,' while Ligue 1 side Lyon are also on the list of interested clubs.
Grimaldo has one year left on his current deal and unless he signs a new one Benfica would lose him for nothing next summer, a situation The Eagles would like to avoid.
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It has also been noted Arsenal manager Mikel Arteta and Grimaldo share the same agency, which could end up being a decisive swing factor.
Arsenal have already completed transfers for four players, spending£83m.
These acquisitions include striker Gabriel Jesus, Porto's Fabio Viera, goalkeeper Matt Turner and youngster Marquinhos.
But this spree is set to continue further as The Gunners line up a bid of £30m for Leicester's Youri Tielemans.
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Grimaldo joined current side Benfica from Barcelona's academy in 2016.
He has made 247 appearances for them since, scoring 19 goals and registering 50 assists.
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