Arsenal midfielder Lucas Torreira is reportedly a loan target for both Valencia and Lazio.
The Uruguayan was loaned out to Atletico Madrid last summer, but he has been out-of-favour with only two league appearances since December.
Hence, the north London giants are prepared to mutually terminate the deal and AS claims that he could be instantly loaned back to another club.
Both Valencia and Lazio have expressed an interest and the former have already made contact with Gunners chief Edu over a possible move.
Torreira has been contracted to the Gunners since the summer of 2018. He made 89 appearances before becoming out of contention under Mikel Arteta.
Mesut Ozil‘s contract could be terminated in the near future with him reportedly in talks with Fenerbahce over a potential switch.
Elsewhere, Sokratis is also on his way out with interest from both Genoa and Real Betis. He is said to favour a move to the latter.