By Staff Writer

Arsene Wenger is set to swoop for Real Madrid star Daniel Parejo according to reports over the weekend.

The News of the World claims Wenger has not been put off by the £10 million price tag slapped on Parejo by the Spaniards and will move in January for the the player.

18 year old midfielder Parejo is considered one of the brightest young talents in Spain and is currently under contract with Real until 2011.