Real Madrid value Arsenal target Dani Ceballos at £23m?

Arsenal have reportedly been informed that it will take a bid of £23m to sign Real Madrid midfielder Dani Ceballos.

While the Spaniard has endured a mixed campaign on loan at the Gunners, the 23-year-old has emerged as one of Mikel Arteta's key players since the resumption.

Six starts and two substitute outings have been made since June 17, with the player's performances convincing Arteta to make an effort to keep him at the Emirates Stadium.

However, according to Marca, Arsenal will have to shell out £23m if they wish to sign Ceballos on a permanent basis.

Although he does not feature in the plans of Los Blancos boss Zinedine Zidane, Ceballos still has three years left on his contract.

Valencia and Real Betis are also said to be monitoring the situation.