- Real Madrid are prepared either to sell the midfielder for £35m or let him go on loan again.
- The Gunners are keen on keeping the Spaniard for another season but are not yet ready to buy him outright.
- Arsenal face competition from Juventus, Valencia and Real Betis but the Serie A side are the only club considering a permanent transfer.
- The 23-year-old intends to continue his career in Spain.
The Old Lady are also prepared to improve his salary. The Italian to pay him £4.4m per year, a significant increase compared to his current £2.6m deal.
The player himself wants to return to La Liga.
Arsenal fans are divided on the issue of Ceballos' future. Some believe that he should be kept at all costs while others argue that he's not that crucial for the North Londoners.
The midfielder wanted to leave the Emirates in January but decided to stay at the club and try to prove himself to the manager after initially having been relegated to the bench by Arteta.
Dani has featured in 24 games across all competitions this season, scoring once and providing three assists in the process.
Would you want Arsenal to keep Ceballos for one more year? Tell us in the comments or via our newly-launched blog platform!