Chelsea could be ready to make another move for Martin Zubimendi in January, with the Arsenal midfielder reportedly attracting interest from several European clubs.
The Spain international has endured a frustrating spell under Mikel Arteta despite initially establishing himself as an important player at the Emirates.
However, increased competition in midfield has left him struggling for regular opportunities, potentially opening the door for a move.
Xabi Alonso is understood to be an admirer of Zubimendi, and Chelsea are now monitoring the situation ahead of the winter transfer window.
Chelsea monitoring Martin Zubimendi as Arsenal role decreases
According to The Independent's Miguel Delaney, Chelsea are one of three clubs keeping a close eye on Zubimendi ahead of January, alongside Real Madrid and Atletico Madrid.
The midfielder joined Arsenal from Real Sociedad for £60million in the summer of 2025 and initially became a regular under Arteta. However, his influence diminished towards the end of last season's title-winning campaign, and the arrival of Bruno Guimaraes has made competition for places even tougher.
Arteta has recently favoured Guimaraes alongside Declan Rice, with Myles Lewis-Skelly also providing another option in midfield.
The Arsenal manager still considers Zubimendi a valuable member of his squad, but Chelsea and the two Madrid clubs believe they're in a good spot to sign him.
Arsenal are expected to demand at least the £60million they paid Real Sociedad if they agree to let him go. The Gunners could also use the money to help fund their own recruitment, with Arteta keen to add a fast, direct winger to his attacking options.
Xabi Alonso could finally get the midfielder he wants
Chelsea have good reason to want to sign Zubimendi.
The Blues need greater depth in central midfield, and the Spaniard would bring a level of composure and control that could make a difference to Alonso's side.
He's good at dictating the tempo of games, retaining possession and helping his team progress the ball through midfield, so it's understandable why he's the type of playmaker Alonso wants.
Although £60million would be a big investment, signing an experienced international who already understands the Premier League could be a better option than gambling on another young midfielder.
Alonso has previously shown an interest in bringing Zubimendi to Stamford Bridge and it seems the manager may try again in January.
