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The 32-year-old goalkeeper was frozen out by Jose Mourinho last season with Diego Lopez being preferred as the Real No.1.

And, just like the Special One, new boss Carlo Ancelotti has opted to go with Lopez and bench Casillas.

Casillas is eager to keep his place in the Spain national squad ahead of next year's World Cup - and wants first-team football.

Real Madrid need to raise funds to help their Gareth Bale move go through and have offered Casillas to the Gunners.

Arsenal have spent nothing this transfer window but Arsene Wenger could be reluctant to bring in a new stopper.

Polish international Wojciech Szczesny, 23, is the current incumbent between the sticks and Wenger is anxious not to destroy his confidence.

Casillas would be available at a cut-price as he is out of contract next summer.