Arsenal are reportedly looking at Hakan Calhanoglu as an alternative to Emi Buendia and Martin Odegaard.
The Gunners are looking for a creative midfielder in the upcoming transfer window, but were dealt a setback with the former as the Argentinian joined Aston Villa on Sunday in a £35million deal from Norwich City.
A permanent move for Odegaard is up in the air too after impressing on loan from Real Madrid during the second half of the season.
The appointment of Carlo Ancelotti could give the Norwegian a fresh start at the Bernabeu especially given Florentino Perez’s reluctance to sell the playmaker.
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The Turkish midfielder is out of contract this summer after a brilliant campaign at the San Siro and is one being considered if Odegaard stays put this summer.
When asked about keeping Odegaard, Arteta said: “We have a very clear and strong opinion on what we would like to do.
“He’s not our player. We will have discussions in the next few weeks. And respect first of all because he’s a Real Madrid player, and we will have those communications.
“We’ve tried to make everything that we could to get Martin performing for the team, which I think he’s done.
“And he’s adapted really well to our way of playing and to our football club. And hopefully we have given him as well the hope and the feeling that it could be a good place for him.”
Norway boss Stale Solbakken has revealed playing regular first-team football next season is Odegaard’s main priority next season.
“It is important for him to be a regular part of the first 14-15 players (in a squad),” Solbakken told Dagbladet.
“In the big clubs you do not always play every single time. There is always rotation when you play every three or four days. But he himself is crystal clear that it is important to take root.
“Ancelotti is a coach where the players have great freedom in their roles. It seems like a well-liked guy.
“But it’s not something I’m going to throw myself into with skin and hair. Martin’s representatives must take care of that.”