That's according to Spanish newspaper Sport (h/t James Cambridge of the Daily Express), which reported the Blaugrana hope Arsenal's failure to clinch UEFA Champions League football will boost their transfer bid.
What's more, a 2-0 defeat to arch-rivals Tottenham Hotspur in Sunday's north London derby means there will be no St. Totteringham's Day—the day Spurs can no longer finish above Arsenal in the table—in 2017, per BBC Sport:
BBC Sport @BBCSport
FT: Spurs 2-0 Arsenal Alli & Kane goals mean Spurs will finish above Arsenal for the first time since 1995 https://t.co/2hanpcImbl #TOTARS https://t.co/cIrD7xXlUI2017-4-30 17:24:41
Bellerin has stated his commitment to the Arsenal badge in the past, but a failure to secure Champions League football may prove to be the disappointment Barcelona need to recruit their former academy member once more.
Sport Witness posted images of front pages from newspapers such as Mundo Deportivo and El Confidencial:
Sport Witness @Sport_Witness
Bellerin everywhere in Catalan media today. Barcelona move bubbling up again. Nothing hugely new. https://t.co/tZ4FjpgrPg2017-5-2 08:27:42
Sport also alleged Mesut Ozil and Alexis Sanchez's reluctance to extend their contracts at the Emirates Stadium has contributed to the "chaos" in north London, with manager Arsene Wenger's future also uncertain.
The north Londoners could be looking at a double-edged assault on Bellerin's signature, too, after Sport Witness cited a report from Mundo Deportivo, which said Manchester City are increasing their interest in the defender.
According to that report, City director of football Txiki Begiristain held "informal discussions" with Bellerin's representatives during Arsenal's FA Cup semi-final defeat to the Gunners, although they might struggle to convince Arsenal to sell to a domestic rival.
It's well-founded Barcelona are in the market to find a solution to their right-back issue, with midfielder Sergi Roberto filling the void this season, while Aleix Vidal struggled to feature before getting injured following Dani Alves' Camp Nou exit last summer.