Arsenal midfielder Mesut Ozil has reportedly emerged as a transfer target for Atletico Madrid.

Ozil has less than a year remaining on his contract at the Emirates Stadium, and numerous clubs - including Manchester United - have been linked with a move for the playmaker.

However, according to The Sun, Atletico are keen to capitalise on the continued uncertainty surrounding the 29-year-old by launching an approach for his services.

The La Liga side allegedly accept that they may struggle to keep hold of Saul Niguez, and Ozil has been identified as a possible replacement for the highly-regarded Spaniard.

Boss Diego Simeone is said to be willing to offer Ozil a contract worth £200,000 per week, although that could fall short of the German international's demands.

Ozil - who has contributed just one goal and two assists in nine Premier League appearances this season - can speak to foreign clubs as soon as January should he not pen a new contract with the Gunners.