Arsenal are reportedly interested in signing Boca Juniors forward Jonathan Calleri in the January transfer window.
The 21-year-old joined Boca from All Boys in 2014 and has already netted six league goals in 15 games for the Argentine club.
According to Fichajes, Arsenal have sent scouts to watch the youngster in action this season and favourable reports have been returned.
A number of European clubs are also said to be monitoring developments, but it is understood that the Gunners are confident of completing a deal this month.