Martin Odegaard will not be involved for Real Madrid against Deportivo Alaves amid speculation he could be set to join Arsenal. 

Odegaard excelled out on loan at Real Sociedad in the 2019-20 season but has found first-team opportunities limited under Zinedine Zidane upon his return to the Spanish capital.  

The Norway international has failed to score or assist in his nine appearances this season in all competitions and, having made just five starts, seems keen to seal a move away in January.  

A return to the Basque club – where he managed seven goals and nine assists in 36 appearances – appeared to be on the cards, but Arsenal have now emerged as the clear favourites to sign the midfielder on loan.  

Madrid assistant coach David Bettoni, who is to take charge of Madrid while Zidane isolates after testing positive for coronavirus, was asked about Odegaard's future during his media duties on Friday - and hinted there could be developments in the player's situation soon.

"What happened with Martin is something that I don't know too well," Bettoni said.  

"I'm the assistant coach and there are some things that I don't follow too closely, so I can't give the exact context.  

"He is an important member of the squad and we'll see what happens with him in the coming days."  

Odegaard is not part of Madrid's squad for Saturday's LaLiga trip to Alaves amid speculation he could be confirmed at Arsenal imminently. 

The 22-year-old created 62 chances in LaLiga last term - a tally only beaten by four other players, one of which was predictably Barcelona talisman Lionel Messi.  

His contributions in terms of goals and assists helped La Real finish in sixth place. They also reached the Copa del Rey final, though that fixture against rivals Athletic Bilbao is yet to take place due to the impact of the coronavirus pandemic. 

The addition of Odegaard would add some welcome creativity to Mikel Arteta's squad, the Gunners having managed just 23 goals in 19 league games so far in what has been a topsy-turvy 2020-21 season.  

Arsenal have created 158 scoring opportunities, of which 33 are considered big chances by Opta, well adrift of the league-high 53 recorded by Manchester City this term. The Gunners have managed 20 goals from 221 attempts (excluding penalties), slightly below their xG figure of 23. 

Emile Smith Rowe has been a revelation of late, contributing three assists in open play, but no individual has created more chances for the Premier League club than full-back Kieran Tierney, his total of 22 putting him one above Bukayo Saka. 

Having been busy so far in January trimming the squad, including the impending departure of Mesut Ozil, Arteta has admitted he hopes to make additions before the transfer window closes. 

"We are in that process right now, we have done the first part more or less and we are focusing now on the second phase," he told the media on Thursday. 

"Obviously this market and the context makes it difficult, but we are looking at options and we will see what we can do."

Mikel Arteta is not ruling out David Luiz receiving a new deal at Arsenal and reminded those players on expiring contracts that they can earn an extension through their performances on the pitch. 

David Luiz made his return from a spell out with illness in Saturday's FA Cup third-round clash with Newcastle United, playing 120 minutes in what was just his third appearance since the start of December. 

The 33-year-old has also missed time due to a hamstring problem and a head injury this season, limiting him to 14 outings in all competitions. 

Among defenders to have made at least 40 Premier League appearances since the start of last season, David Luiz is among a group to have kept the fewest clean sheets (eight, along with Adam Webster, Lucas Digne and Yerry Mina). 

However, Arsenal have only conceded 47 goals while he has been on the pitch, with only Virgil van Dijk (44), Serge Aurier (42) and Kyle Walker (35) shipping fewer. 

David Luiz's contract at Emirates Stadium will expire at the end of the season but Arteta suggested he could yet play his way into an offer of fresh terms. 

"David had a really difficult season because he had three different things that have kept him away from training and games, which is unusual because he's normally he's always available," said Arteta. 

"He had to deal with that and then he had to play 120 minutes and I think he was exceptional, just the way he handled the game against a difficult number nine like Andy Carroll and to play for 120 minutes as well at his age with not much was a real test and I really like what he did. 

"He is fantastic. He's one of the leaders in the dressing room. He's one of the most experienced players and he's won everything in the game.

"He is so good with the young kids. When you look at people who can help and be a role model, he is always with them, he is always supporting them, giving them confidence and advice. It is great to have someone like him around.

"We will see what happens. There's a lot of things happening around the club. A lot of decisions to make. I don't want to rush any decisions. I just want players to be focused.

"They know they have six months left or eight months left, some of them a year, they know their contracts are like that and we can't change them right now. I think it's time to be focused.

"We've been through a difficult period in the last few weeks and I just want people to focus on football. If you do what you have to do on the football pitch you will deserve the chance to keep with us if this is what you want."

Shkodran Mustafi, Sokratis Papastathopoulos and Mesut Ozil are only contracted to Arsenal until the end of the season, while Dani Ceballos' loan deal will end at that point.

Alexandre Lacazette, Eddie Nketiah, Calum Chambers and Mohamed Elneny are on deals that run until June 2022.

Gabriel Martinelli is set to for a scan on the ankle injury sustained prior to Arsenal's FA Cup win over Newcastle United, with boss Mikel Arteta describing himself as "gutted" by the forward's latest setback.

The Brazilian was a late withdrawal from Arsenal's starting XI for the third-round tie at Emirates Stadium on Saturday, which the Gunners won 2-0 after extra-time, and replaced by Reiss Nelson.

Martinelli has only recently returned from a serious knee injury sustained in June and Arteta said the teenager was in tears when providing an update on his condition after the match.

"I am gutted. I was in my office before the game and one of the coaches came in and told me that Gabi had hurt himself, that he'd twisted his ankle," Arteta said.

"I went to the medical room and he was in tears. He was in a lot of pain and we're going to have to see how he is. It didn't look good. He was in pain so I imagine that we're not going to have good news with him.

"We really want to know what's going on. He's a character and he wants to play the next game. He doesn't care and can handle pain but I don't know. Hopefully there is nothing too serious but to start with, it didn't look too good."

Emile Smith Rowe and Pierre-Emerick Aubameyang were on target in the additional minutes but only after Bernd Leno had made a fine late stop from Andy Carroll to force extra time.

"We had to be patient," added Arteta, who has won all seven of the FA Cup ties he has overseen as Arsenal boss including last season's final triumph over Chelsea. 

"They are a team who are well-organised and make it hard for you. We had the chances I think, very big chances to score much earlier but when you don't do that, the game is open.

"If you don't do that in your box, you need your keeper in a key moment - like it happened after the corner kick on the counter - to save you.

"Bernd did it in a magnificent way and at the end we scored two and deserved to go through."

Emile Smith Rowe has the "huge potential" to match the exploits of young England stars Phil Foden and Jadon Sancho, according to Arsenal boss Mikel Arteta.

The Gunners begin their FA Cup defence at home to Newcastle United on Saturday, buoyed by a sharp upturn in their Premier League form.

A dominant 3-1 London derby win over Chelsea on Boxing Day sparked an ongoing three-match winning run.

Smith Rowe was handed a starting berth in that game and has kept his place after impressing in the number 10 role, with the 20-year-old giving Arteta's team an overdue shot of creative intent.

In 2017, Smith Rowe was part of the England squad that won the U17 World Cup, with Foden named player of the tournament.

Sancho featured during the group stages before being called back to club action by Borussia Dortmund, and Arteta acknowledged the duo are ahead of Smith Rowe in their development.

"He has huge potential. He really wants it and he has the personality when he goes on the field to express and play the way he can play," said Arteta, who coached Foden and - more briefly - Sancho at Manchester City as part of Pep Guardiola's backroom staff.

"To do it in a consistent way is a different thing. The boys that you mentioned, they've done it. It's true that they're ahead in their development phase because they've played many more minutes and games in the last two seasons.

"But he is capable of doing that. Whether he's going to do it will depend on how he continues to develop, how he takes the chance that he has in front of him and how much we can help him to achieve that."

Underwhelming loan stints at RB Leipzig and Huddersfield Town in the past two years preceded a pre-season shoulder injury, but a player dubbed "The Croydon De Bruyne" by some Arsenal fans has shown he is ready to make up for lost time.

"A lot of things have happened to him in the past year," Arteta acknowledged. "He needs to establish himself here, he needs to be successful here, he needs to really find his role and his position in the team and in the club.

"That will help him to have clear path. We really believe in him. He needs to have no fear and go for it, because he has the quality."

That quality has certainly been to the fore this season, with Smith Rowe's four assists coming at a rate of one every 93.5 minutes across seven appearances in all competitions.

With the youngster in the side, Arsenal average 2.9 goals per game. The 4-1 Europa League triumph over Rapid Vienna – in which he scored – was one of six victories Smith Rowe has been involved in this term, amounting to a win percentage of 85.7 per cent that plummets to 40 in the 20 games he spent as a spectator.

It feels infeasible that Arteta will leave him out of such a large proportion of games again but the former Emirates Stadium skipper pointed towards the examples of Bukayo Saka and Gabriel Martinelli, who completed an exciting attacking midfield trident alongside Smith Rowe against Chelsea and Brighton and Hove Albion, when discussing how younger players must have their workloads managed.

That could mean some stints playing in different positions, as Saka has during his fledgling Arsenal career, although Arteta cannot deny the much-needed lift his breakthrough stars have given Arsenal, even as he tries to manage expectations.

"Sometimes a team is a little bit concerned and has some fear because of the results, because of the pressure," he added, before noting the impact through "enthusiasm" the younger members of his squad have had.

"I think they were really helpful because they were re-energising to the team. They pushed the team into a different direction and a different rhythm as well.

"But, of course, the young players need that solidity, experience and maturity that the older players bring. It's a good combination."

Mikel Arteta knows how he wants to improve Arsenal's squad this month but warned the transfer market is "very complicated" in the current climate.

Julian Brandt is among the reported targets for the Gunners during the January window, although Borussia Dortmund sporting director Michael Zorc insisted there had been "no offers at all" for the midfielder.

Arsenal boss Arteta this week revealed Mesut Ozil could be on the move after DC United and Fenerbahce were linked with the out-of-favour playmaker.

The London club allowed Sead Kolasinac to return to Schalke, but there has been very little transfer activity just over a week since the window opened.

Arteta would like to do get his business done early in the window, but in a week that saw Arsenal take a short-term £120million Bank of England loan due to the impact of the coronavirus crisis, the Spaniard is being realistic with his expectations.

Asked about the prospect of making early signings, he said ahead of the FA Cup third round tie with Newcastle United on Saturday: "I don't know. At the moment the market is really complicated and the situation around every club is not easy.

"To get the negotiations going it's not easy, it makes it harder because you can't be face-to-face and you cannot travel to another country to make that happen, it has to be on the phone or Zoom.

"It can go either way. I can tell you what I would like, with the players out and in sorted, but I think it's really complicated."

Arteta says it is important to understand that players may want to move on due to the pandemic.

He added: "It's affecting everything. It's affecting things transfers financially, it's also affecting some players who are here and they are stuck here for a year and realise 'I need to go back home, I need my family to be happy, to be next to me'.

"It's a bit of a mixture, but players are experiencing different feelings that probably are new to them and that's why I keep insisting this virus is about mental health as well as how you are feeling physically. Mental health is a big, big thing that we have to pay more attention to."

One player who has arrived at Arsenal is 19-year-old defender Omar Rekik, who joins the under-23 squad from Hertha Berlin.