Chelsea have been identified as the best-placed club to sign Arsenal midfielder Martin Zubimendi if he decides to leave the Emirates Stadium during the January transfer window.

According to a report by Metro on Wednesday, 11 November 2026, Chelsea are ahead of Atletico Madrid in the race for the Spain international, with the Spanish club reportedly ruling themselves out of a potential January move.

Zubimendi joined Arsenal from Real Sociedad in a £60 million deal last year and enjoyed an impressive debut campaign, helping Mikel Arteta's side win the Premier League title and reach the Champions League final.

However, his position in the team has become less secure this season following Arsenal's summer signing of Bruno Guimaraes from Newcastle United.

The 27-year-old is yet to start in 10 Premier League appearances this season, increasing speculation about his future despite his importance to Arsenal's title-winning campaign.

Atletico Madrid had been linked with the midfielder, with his Spain teammate Alex Baena recently describing him as a "great addition" to Diego Simeone's squad.

However, Spanish journalist Antonio Ruiz revealed that Atletico have no intention of pursuing a deal in January.

"Reliable sources of Atletico Madrid have denied it and negotiations have been ruled out, nor is there any intention of signing Zubimendi in January," Ruiz said.

He added that Chelsea would be the most suitable destination if the midfielder decides to leave Arsenal.

"I also contacted someone in Zubimendi's entourage and he is very calm. I asked what happens if he left Arsenal, the best-placed team would be Chelsea with Xabi Alonso, not Atletico Madrid."

Zubimendi, meanwhile, has played down concerns about his reduced involvement, insisting he remains comfortable with the competition for places at Arsenal.

The midfielder disclosed that Arteta had explained the situation before the campaign began and warned him that new arrivals would affect playing time.

"I’m calm and happy with how I’m handling this situation," Zubimendi said.

He also stressed that he remains patient, believing his situation could change as the season progresses.

Chelsea's reported advantage could make them a club to watch in January, particularly given Alonso's interest in strengthening his midfield options. However, Zubimendi's comments suggest he is not currently pushing for an Arsenal exit.