La Liga side chase Emirates Stadium bit-part player.
Athletic Bilbao are reportedly interested in signing Arsenal defender Nacho Monreal according to the Daily Express.
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The Basque side are keen on bringing in the Spanish international, who has struggled to beat Kieran Gibbs in the battle to be the Gunners first choice left-back.
The 28 year old moved to the Emirates Stadium in January 2013 and after initially impressing the Pamplona born wide-man has on the whole failed to justify his £8m price-tag.
Monreal made just 13 Premier League starts last term and could be the latest defender to leave the north London club.
Bacary Sagna has left to join Man City after failing to come to an agreement on a new Arsenal contract and Belgian Thomas Vermaelen is hotly tipped to move to Old Trafford to become one of new manager Louis van Gaal’s first signings in charge of Man United.
Bilbao can offer Monreal the chance of more regular first team football and after securing a top four finish in La Liga the Basque side have Champions League action to look forward to in 2014/15.