FORMER Arsenal midfielder Dani Ceballos is reportedly set for an £8.5million January transfer from Real Madrid to Real Betis.
The Spaniard has not played a minute for Los Blancos this season and his Bernabeu career looks to be over.
Betis are willing to cough up £8.5m while Real want around £12.5m, according to Mundo Deportivo.
Despite the difference in valuation, both sides are optimistic a deal can be done.
Ceballos, 25, is said to have a 'burning desire' to return to his old club.
Madrid signed him from Betis for around £13m in 2017.
But he has been an outcast in the Spanish capital since picking up a horror ankle injury with Spain in the Tokyo Olympics.
If the move goes through, Ceballos would link up with former Manchester City and West Ham boss Manuel Pellegrini.
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Betis are currently third in LaLiga.
Jose Mourinho's Roma have also been keeping tabs on Ceballos.
Mourinho made no secret of his desire to bring in a midfielder last summer and was said to be keen on Arsenal's Granit Xhaka.
And the Gunners are also said to be monitoring Ceballos' situation – whose contract expires in June 2023.
Ceballos scored two goals and added five assists in 77 games for the Gunners and was part of their FA Cup-winning team in 2019-20.
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But the Spaniard underwhelmed during his Emirates spell and was allowed to return to his parent club after two disappointing Premier League seasons in North London.
Ceballos admitted shortly after leaving that he struggled to adapt to life in the Premier League, saying: "I like the Spanish league more, it suits my game better."
The club opted to sign his Real team-mate Martin Odegaard instead in a £34m deal and the Norwegian has enjoyed a decent start to life since becoming a Gunner.
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