According to TEAMtalk, Arsenal midfielder Martin Zubimendi is facing an uncertain future, with both Chelsea and Real Madrid expressing interest in a potential transfer.
From regular starter to lower in the pecking order: Changes in Zubimendi's situation

The Spain international has impressed since joining Arsenal from Real Sociedad more than a year ago, but his situation at the Emirates Stadium has become somewhat complicated. With the arrival of Bruno Guimaraes and the rise of Myles Lewis-Skelly, Zubimendi's position in Arsenal's selection order appears to have dropped.
According to TEAMtalk, Zubimendi has spoken with head coach Mikel Arteta about his situation, while Chelsea and Real Madrid are both monitoring developments ahead of the January transfer window. The report also mentioned interest from Saudi Pro League clubs, but it is believed that the 27-year-old midfielder is not considering such a move at this stage.
Self-assessment ahead of the January window
According to TEAMtalk, Zubimendi's main objective remains establishing himself at Arsenal, but he will reassess his situation when January arrives. In a season with multiple competitions, Arteta is likely to need significant rotation to maintain the team's competitiveness, meaning Zubimendi will probably continue to play a role in the squad. However, he is also aware that he has the ability to become a regular starter at several top European clubs.
Why Chelsea and Real Madrid are attractive options
If the situation at Arsenal does not improve, top clubs such as Chelsea and Real Madrid could be attractive destinations for Zubimendi. Chelsea did not immediately bring in a replacement after selling Enzo Fernandez, and Zubimendi could fill that gap. As for Real Madrid, Fabrizio Romano reported at the time that they missed out on Rodri this summer, making a player like Zubimendi a reasonable alternative option.