Arsenal are one of four clubs chasing Ivan Fresneda for a summer move, with the player set to assess his options at the end of the season.

GETAFE, SPAIN: Ivan Fresneda of Real Valladolid CF passes while under pressure from Gaston Alvarez of Getafe CF during the LaLiga Santander match between Getafe CF and Real Valladolid CF at Coliseum Alfonso Perez on October 01, 2022. (Photo by Denis Doyle/Getty Images)
GETAFE, SPAIN: Ivan Fresneda of Real Valladolid CF passes while under pressure from Gaston Alvarez of Getafe CF during the LaLiga Santander match between Getafe CF and Real Valladolid CF at Coliseum Alfonso Perez on October 01, 2022. (Photo by Denis Doyle/Getty Images)

The Evening Standard report that Arsenal are joined by Borussia Dortmund, Newcastle United, and Juventus in the race for Real Valladolid right-back Ivan Fresneda this summer.

The defender opted to stay in Spain in the January transfer window, but he’ll sit down with his representatives at the end of the season to make a decision on a summer move.

Fresneda has a release clause of £26.5m, and Valladolid are hoping to spark a bidding war to get close to that price.

The Standard add that Arsenal have been scouting Fresneda and will continue to do so for the rest of the season, which fits with recent reports from other sources.

Fabrizio Romano recently claimed that the Gunners have sent scouts to watch Fresneda regularly, after showing an interest in the Real Valladolid man in January.

VALLADOLID, SPAIN: Ivan Fresneda of Real Valladolid competes for the ball with Brian Ocampo of Cadiz CF during the LaLiga Santander match between Real Valladolid CF and Cadiz CF at Estadio Municipal Jose Zorrilla on September 16, 2022. (Photo by Angel Martinez/Getty Images)
VALLADOLID, SPAIN: Ivan Fresneda of Real Valladolid competes for the ball with Brian Ocampo of Cadiz CF during the LaLiga Santander match between Real Valladolid CF and Cadiz CF at Estadio Municipal Jose Zorrilla on September 16, 2022. (Photo by Angel Martinez/Getty Images)

Both Arsenal and Borussia Dortmund wanted to sign Fresneda in January, and both were seemingly open to letting him return to Valladolid on loan until the summer.

But the deal was never done, and despite a deadline-day loan bid from an unnamed party, Fresneda opted to stay in Spain for now.

A summer deal would still be soon enough to qualify Fresneda as homegrown in the Premier League, so given he was going to be loaned back anyway, it wasn’t a major issue that he didn’t join immediately.

In the meantime, following all the speculation around his future, Fresneda has been dropped to the bench with Valladolid.