Arsenal news: Mikel Arteta eyes record signing as swoop for Real Madrid 'diamond' gets backing

Arsenal manager Mikel Arteta is reportedly targeting a potentially record-breaking transfer signing, with the club linked to a highly-rated teenage talent from Real Madrid. The move has received backing from within the club as Arsenal look to strengthen their squad. Specific financial details and the player's identity are described as a Real Madrid 'diamond', though full details remain undisclosed in the excerpt.