Arsenal could be planning to add two of Spain's best young talents to their squad, plotting moves to buy forwards Alvaro Morata and Inaki Williams.
Wally Downes Jr. of the Sun reported manager Arsene Wenger will strike a deal for former target Morata in the summer after trying to sign the striker from Real Madrid in 2014, but the player has fallen out of favour at current club Juventus, often finding himself on the bench.
Keiran Gill of MailOnline adds the Gunners could square off in January with Liverpool for the £15 million capture of Williams from Athletic Bilbao, who has been clocked as the fastest player in La Liga, being recorded at 22.2 miles per hour in a league match last May.
Madrid had a buy-back clause included in Morata's deal when he joined the Old Lady, but a recent transfer ban from FIFA has complicated their transfer strategy until 2017, per Downes Jr. Real would have been allowed to re-sign the striker in the summer for a fee of £26 million, but coach Zinedine Zidane's hands are now tied, opening the door for the Gunners.
Morata is now playing second fiddle to Paulo Dybala in Turin, and the interest of the Premier League leaders could possibly turn his head toward north London.
The Spaniard has only one goal in eight matches this term and has been substituted during every starting appearances, according to Downes Jr.
Here is a video displaying why Morata is one of Europe's top young strikers:
Williams is on the radar of several clubs, with Liverpool said to be "seriously considering" making a quick move for the speed merchant, per Gill. Wenger is described as a "fan" of the 21-year-old, who has six goals in 14 La Liga matches this season and can play across the front line as a striker or wide attacker.
The Bilbao-born player has netted 10 goals across all competitions and is the youngest player to do so in Europe this season, according to OptaJose:
10 - Iñaki Williams is the youngest player to score 10 goals in Europe this season. Feline. pic.twitter.com/0JvqkSaZ2r— OptaJose (@OptaJose) January 13, 2016
ESPN FC's Nayib Moran has tipped Williams to achieve great things in the near future:
Remember the name, Iñaki Williams. https://t.co/noDzXWneii— Nayib Morán (@nayibmoran) January 13, 2016
Gill also said Tottenham Hotspur are watching Williams as they look to strengthen their options for the second half of the campaign. The Spain under-21 international currently has a £15.3 million release clause in his deal with Bilbao, but the club wish to increase that to £76.3 million in order to scare off Europe's elite.
Wenger spoke about the possibility of further transfers in January after adding Basel midfielder Mohamed Elneny, and he hinted his business may be done already, per ESPN FC's Miguel Delaney:
Wenger: "I don't think I'd find a player on the market better than Welbeck."— Miguel Delaney (@MiguelDelaney) January 15, 2016
Arsenal are well-placed through January, top of the Premier League on goal difference and scoring goals freely in domestic competition.
Should Arsenal move for Williams immediately?
Williams would be a sensational addition in January if Wenger can beat the competition to sign the forward, and he looks like one of Spain's brightest talents for the near future.
The player is perfectly suited to life in England, incredibly quick off the mark and accurate when used as a centre-forward.
He would be the perfect foil for the talents of Olivier Giroud, who could hold up the ball to include Williams in the attack, with the Spanish youngster's incredible pace making him a deadly weapon for the Gunners.