Lucas Biglia has warned Arsenal they could miss out on his signature.

The Gunners have been heavily linked with the Argentine midfielder in recent months, as Arsene Wenger looks to reshape his options at the Emirates Stadium.

Biglia, 26, is keen to leave Anderlecht this summer and has an £8million release clause, but he has warned the Londoners they face competition for his signature.

"It's true that Real Madrid and Arsenal are interested in me,” he told todomercadoweb.es. "I can say that Real Madrid have contacted my agent Enzo Montepaono.

"About Arsenal, I can tell you the same as before. Only Arsenal and Real Madrid have contacted us and now we are waiting. My intention is to leave.”

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