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Sevilla wonderkid Antonio Zarzana could be Mikel Arteta's first signing as Arsenal manager and is also being tracked by Liverpool , according to reports from Spain.

It is understood that Arsenal and Manchester City have reached an agreement over Arteta’s departure, and that he will be named as the Gunners' new manager in the next 48 hours.

And ahead of the January transfer window, Arsenal have already made enquiries about the availability of Zarzana, who last year turned down a move to Real Madrid .

Zarzana, 17, is highly rated at Sevilla and has also caught the eye of Liverpool and Bayern Munich, according to Estadio Deportivo .

The Spanish publication claims Arsenal are the latest club to have spoken to Sevilla about the young midfielder.

The teenager is currently playing primarily for Sevilla's B team, and turned down a move to Madrid last year because he was keen to make his debut for the first team.

"I heard that Real Madrid had put an offer in for me last year," Zarzana told Marca recently, explaining why he turned down a potentially life-changing switch to the Bernabeu.

"I have always wanted to make my debut with the first team here."

Zarzana can play in a variety of positions, but is at his best as an attacking midfielder.

After rejecting Real Madrid last year, he had the audacity to score a perfectly executed panenka penalty against Los Blancos in the Champions Cup.

"I had been telling my teammates that I was going to score a penalty like that all week and they just laughed at me," he said at the time. "When I stepped up to take it, I had no doubt in my mind that I was going to try it."