Both top-flight giants are desperate to land the highly rated marksman.
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Liverpool have now joined title rivals Arsenal in the race to take in-demand Real Madrid front man Alvaro Morata on a six-month loan deal this month, according to reports in the Daily Express.
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Initially, it had been expected that if the Spain Under-21 international were joining any team in the January transfer window, then that side would be the Premier League leaders, who have been closely monitoring the striker for some time now.
In fact, the north London club stepped up their long-running pursuit of Morata this week following the untimely long-term knee injury sustained by England international Theo Walcott against Tottenham Hotspur in the FA Cup third round at the Emirates on Saturday.
However, it now appears as though the Gunners will face stiff competition for the 21-year-old’s signature from the Merseyside giants, with Reds boss Brendan Rodgers set to go head to head with Arsenal manager Arsene Wenger in the battle to land Morata this month.
But both Premier League sides will still need to be able to convince los Blancos coach Carlo Ancelotti to agree to part company with the Spaniard until next summer, especially after the Italian claimed earlier this week that Madrid would not be allowing any of their players to leave the Santiago Bernabeu in January.