Emirates youngsters could be on their way to the Reebok Stadium.
If Arsenal want to seal their £17million deal for Bolton Wanderers defender Gary Cahill, two of their most-promising youngsters will have to go the other way.
The Trotters are demanding centre-back Ignasi Miquel and midfielder Henri Lansbury on season-long temporary deals to help strengthen their squads.
Gunners boss Arsene Wenger has been trying to bring Cahill to north London all summer and the 25-year-old is keen on the switch.
Wenger has matched the 25-year-old £17million release clause but the deal has been held up after Bolton’s demands.
Wanderers’ manager Owen Coyle will need to replace Cahill and wants Miquel, 18, to add more options in his defence.
The Spaniard broke into the Gunners first-team last season and impressed with his pace and footballing ability.
Lansbury has been the subject of a £2million bid from Norwich City, after impressing there on-loan last season.
The 20-year-old’s contract expires in 12 months’ time, and Wenger left him out of the 23-man squad for Arsenal’s pre-season tour to Asia.
Wenger would prefer to sell the England U21 star but if it helps him seal the Cahill deal, will be prepared to lose him for nothing in 12 months.