Arsenal could reportedly demand around £20m to part ways with Hector Bellerin this summer.
The right-back fell out-of-favour during the backend of last season as Calum Chambers was preferred ahead of him.
He has two years left on his contract, but it has regularly been claimed that he could be sold in the coming months.
According to CBS Sports, the Gunners are open to parting ways with the Spaniard, but want at least £20m for him.
Bellerin has been linked with a move to La Liga with interest from Sevilla and Europa League holders Villarreal.
Meanwhile, there has been speculation that he could be offered to Atletico Madrid in a swap deal for Kieran Trippier.
Trippier is open to returning to the Premier League, but appears to have the preference to join Manchester United.
Xhaka has been touted to join Roma, who are managed by Jose Mourinho.