Arsenal can get their main summer transfer target if they can cough out a club record £45m.
With that sum, Arsene Wenger might be able to tempt Rafa Benitez into letting Karim Benzema come to the Emirates.
Arsenal two summer transfer windows ago, prised Mesut Ozil from Real Madrid after getting Gareth Bale from Tottenham.
Their chances of getting Benzema could also depend on if Real Madrid can get a replacement for the Frenchman.
Benitez however seems unsure if Benzema will remain with him this season.
When asked after Real Madrid's game against Tottenham on Tuesday, August 4 about the striker's reported links to Arsenal, Benitez said: "Hopefully everyone will continue here and we can win the league."
'Hopefully' could mean that Benitez is hoping that Arsenel does not come up with a bid that Real Madrid cannot turn down.
Real Madrid president Florentino Perez wants his 2013 world record purchase, Bale to be played in his favourite position, in the middle.
If that happens, Real Madrid can do without Benzema with in a 4-4-2 system with Bale and Cristiano Ronaldo unleashed as a front two with complete freedom.
Behind them Rodriguez would play in a midfield quartet that would include Isco, Luka Modric and Toni Kroos.
With the money made from Benzema, Real Madrid can also get Marcos Reus is hugely admired in the Bernabeu.
Real Madrid will kick of their season on Sunday, August 23 and we watch and see how things will unfold.
Watch Benzema's goal for Real Madrid, below: