The 21-year-old has been a bright spark for the Spanish club this season – despite them sitting in 13th place in the La Liga table.
Fornals has chipped in with four goals from midfield and now, according to Marca, he is on Arsenal’s radar.
The Gunners are expected to be in the market for midfielders this summer as doubts remain over the future of Jack Wilshere, who is on loan at Bournemouth .
At 32, Arsenal are also looking for a long-term replacement for Santi Cazorla and Fornals is said to be of particular interest.
The Spain international is contracted at Malaga until the summer of 2019, with a buy-out clause of around £10m.
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