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The Sun reports that both the Gunners and Spurs are keen on De la Red and will have to fork out around ₤15million to secure his services.
The former Castilla star was hugely impressive for Getafe last season, so much so that he earned not only a place in Spain’s triumphant EURO 2008 squad but also a return to Real Madrid, who exercised their buy-back option this summer.
It is uncertain whether the 23-year-old will remain at the Bernabeu past pre-season, however, as los Merengues are reportedly intent on using the deep-lying playmaker as a makeweight for certain transfer targets.
Arsenal are in desperate need of such a player, as the departures of Mathieu Flamini and Lassana Diarra have left only the declining Gilberto Silva to anchor Cesc Fabregas in midfield.
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