MARTIN ODEGAARD has reportedly been offered to THREE of Arsenal's Premier League rivals with the 'heartbroken' ace facing a permanent Real Madrid exit.
The Norwegian, 22, joined Arsenal on loan from Los Blancos in January and the Gunners are keen to snap him up for good after a string of impressive performances.
And 90min reports Madrid have decided there is no room for Odegaard as they plan to rebuild the squad.
It is a decision which is said to have left the former teenage wonderkid 'heartbroken'.
The report states Odegaard is upset after being told to find a new club but that he would favour a full-time move to the Premier League.
Arsenal could struggle to muster the £40million Madrid are looking to recoup.
The report suggests the Spanish side have already spoken with three of the Gunners' Prem rivals as they look to get the best deal for their asset.
Chelsea have been linked with hijacking any Arsenal move for Odegaard with their deep pockets meaning the Blues could swoop in after Mikel Arteta and Co failed to agree an option to buy in the player's loan deal.
Madrid are reported to be looking to offload Gareth Bale and Dani Ceballos with £150m of loan talent up for grabs as they seek a headline move for Erling Haaland or Kylian Mbappe.
Arsenal risk missing out on Europe entirely as they sit ninth in the league after Saturday's crushing 3-0 defeat at home to Liverpool.
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Gunners fans have already joked that Jurgen Klopp was tapping up Odegaard after the pair embraced on the pitch at the end of the game on the weekend.
The North Londoners only have eight games to change their domestic situation or hope they can win this year's Europa League to receive the cash injection clubs get for qualifying.
They face Slavia Prague in the quarter finals first leg on Thursday.
The Emirates brass need some income if they are to cough up the £200,000 a week the player is looking for as well as the sizeable transfer fee.
French champs Paris Saint-Germain and Serie A leaders Inter Milan are also thought to be monitoring his situation.
However, the new Norway skipper is not thought to be keen on an Italian Job.
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