Real Madrid's Ronaldo celebrates after scoring against CSKA Moscow with team mate Arbeloa during their Champions League last 16 first leg soccer match at the Luzhniki stadium in Moscow
Arbeloa is considering his future at Real MadridReuters

Former Liverpool defender Alvaro Arbeloa is considering leaving Real Madrid before the end of the transfer window as both Arsenal and Milan are interested in securing his services, reports in Spain claim.

The Spanish giants have in recent days sold both Angel Di Maria to Manchester United and Xabi Alonso to Bayern Munich while El Confidencial reports Arbeloa could follow the duo out of the club before transfer deadline day.

The Spaniard saw his playing time at the Santiago Bernabeu reduced last season after the emergence of youngster Dani Carvajal and has also started the new season on the bench.

Furthermore, the former Liverpool defender has lost his best friend in the Real Madrid dressing room with midfielder Xabi Alonso recently leaving the club to join Bayern. Arbeloa could consider taking the same path.

El Confidencial claims Real Madrid are already monitoring Italian defender De Sciglio as his replacement while claims both Arsenal and Milan are the possible destinations for Arbeloa should he finally leave the team.

Even though the Gunners have signed the versatile Calum Chambers from Southampton and Mathieu Debuchy, manager Arsene Wenger is still in the market for a replacement for Thomas Vermaelen.

Like the Belgian, Arbeloa can play as a full-back on either side but also in a central defending position.

Meanwhile, Wenger himself hinted at the possibility of a late addition before the end of the transfer window during his press conference ahead of the Premier League game against Leicester City.

"All negotiations have to be discussed secretly. If something happens, you will of course be informed.

"We live in a society of opinions. People are better informed today. Everyone is entitled to an opinion. It doesn't mean their opinion is right.

"I will actively be involved on deadline day. I will be on alert until the last minute. We have shown in the last two seasons that if there are [players to buy], we will do it. The last few days [of the transfer window] are like poker games."