Former Chelsea striker Diego Costa is reportedly on his way to Arsenal if reports in Spain and England are true.

The reports claim Arsenal are plotting a swoop to sign former Chelsea striker Diego Costa on a free transfer next month.

The 32-year-old is out of contract in June but Atletico Madrid are willing to rip his deal up early to get him off the wage bill.

The Wanda Metropolitano are said to be favourable towards Costa’s request, due to his eight years of service over three spells.

However, they will not consider selling him to a direct rival either in Spain or Europe.

Spanish outlet AS claim Mikel Arteta is watching Costa’s situation with keen interest as he looks to bring him back to London.

The Gunners want to bolster their attacking options following their miserable start to the campaign.

And Arteta is eyeing the possibility of re-uniting Costa with his ex-Chelsea team-mate Willian at the Emirates.

With Costa keen to continue in a top league, that’s where Arsenal come into the picture.

The Gunners are in the bottom half of the Premier League and competing in the Europa League.

Therefore they are not likely to meet Atleti in European competition for at least 18 months.