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Arsenal could be handed a massive blow as Real Madrid are ready to snatch Jose Gimenez this summer.
The Gunners have been linked with a move for the Atletico Madrid Centre back but it seems Madrid are closing in on a deal for Uruguay international.
Arsenal scouts had identified the 23-year-old as a viable target and a formal offer was expected this summer.
But now, according to Marca, Real Madrid have jumped in front of them and are leading the race for Gimenez.
The European champions are ready to raid their city rivals for the defender by meeting his £53 million release clause in full.
The disappointment of failing to land the Atletico star could be softened by bringing in another top defender from a European club.
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