Real Madrid to re-sign Alvaro Morata from Juventus and sell him to Arsenal amid Alexis Sanchez rumours

Real Madrid are looking to activate their €30m (£23.7m, $33.6m) buy-back option to lure Alvaro Morata back from Juventus this summer, but only so they can sell him elsewhere for a profit. Spanish publication AS claims Arsenal are the leading candidate to secure his services, but ironically this could return to bite the Gunners as the Serie A giants have identified Alexis Sanchez as their preferred replacement for the Spaniard.

Marca revealed last month Real Madrid's inentions to get the player back to sell him on for a €20m profit. Marca fingered Liverpool and Manchester United as possible destinations for the player, suggesting Jose Mourinho's potential arrival at Old Trafford would help the Mancunian outfit as he handed Morata his Real Madrid debut.

AS have backed up these claims that Real Madrid are looking to take advantage of Morata's rising reputation, but suggest Arsenal as the player's expected destination. They also link Liverpool and Bayern Munich with confirmed interest in the striker, but suggest that the Gunners are in pole position to grab his services in a deal worth around €50m.

Morata was linked with a switch to the Emirates Stadium in the summer of 2014. However, Juventus beat off other suitors to secure the player after agreeing to include a buy-back clause in his contract, demands Arsene Wenger was said to be unwilling to bend to.

Juventus may be resigned to losing the player at the end of the season, as their general director Beppe Marotta admitted last month.

"Madrid could buy back the player and they don't have the slightest sporting interest in Morata," Marotta said, as quoted by AS. "We hope they don't re-sign him and try to get more money for him. They have that right. There's a term to run and we don't know if they will do it or not."

AS claims Juve are already preparing for life after Morata and have identified Sanchez as their go-to man. The Chilean was linked with La Vecchia Signora in 2014 when he left Barcelona, having already enjoyed a successful time in Serie A while playing for Udinese. Reports suggest they are ready to renew their efforts for the Gunners' favourite this summer.

Asked about these rumours during an interview with Cadena COPE, Morata has admitted he would like to know where his future will lie as soon as possible, as it currently remains up in the air.

"I do not have the certainty of knowing where I'll be next year and it is a strange situation. I want the issue of the buy-back option to be resolved as soon as possible. I am happy at Juventus but I want to know where I have to buy a house so I want to know where I'll be. I am happy at Juventus but I want this to end."