AS has reported that representatives from the Basque club, including President Jokin Aperribay, are in London to speak with the Gunners about taking full ownership of Vela’s registration.
Arsenal will be able to sign Vela for €4.2m (£3.2m) up until July 1and are said to want €8m (£6.5m), potentially rising to €10m (£8.1m), for their 50% share of the Mexican.
La Real are ready to make Vela’s the club’s highest-paid player on a contract worth between €2m (£1.6m) and €2.5m (£2m) that would run until 2018.
Atletico Madrid have recently been linked with a move for Vela, according to reports in Spain.
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