Despite making a blistering start to his career in North London, Arsenal are unlikely to sign Dani Ceballos on a permanent deal from Real Madrid.
The Spaniard have registered two assists and picked up the Man of the Match award in a 2-1 win over Burnley last month.
The 23-year-old further endeared himself to Arsenal fans by passionately celebrating Alexandre Lacazette’s goal from the bench in the club’s 2-2 draw with Tottenham last weekend.
Ceballos early-season performances saw him start in Spain’s 2-1 victory against Romania on Thursday.
According to Football.London, Arsenal wanted an option-to-buy inserted in Ceballo’s loan deal, but Real Madrid refused their proposal.
However, Madrid’s stance could change if manager Zinedine Zidane leaves the club.
The Frenchman has endured a difficult start to the 2019/20 campaign, winning just one of his opening three games.