EXCLUSIVE | By Arsenal correspondent Tony Hughes

Arsenal are prepared to sell Santi Cazorla this summer if they receive an offer that matches their valuation, Football Insider sources understand.

The Gunners want to reshape their midfield, with Arsene Wenger planning to recruit a proven anchorman to protect the defence.

Football Insider has learned that Cazorla could be a shock departure if an interested club offers between £15million and £20m.

The 30-year-old has two years remaining on the contract he signed 12 months ago and has attracted interest from Atletico Madrid.

He has emerged as one of those who could leave despite being one of Arsenal’s outstanding players in their renaissance in the second half of last season.

Cazorla thrived in a new deep-lying central midfield role alongside Francis Coquelin and was a key figure as Wenger’s side sealed a third-placed Premier League finish and clinched their second consecutive FA Cup triumph.

The Spanish maestro is also a big fans’ favourite, with his name usually one of the first sung by the supporters at away matches.

He has been a virtual ever-present for Arsenal since joining from Malaga in the summer of 2012, making 147 appearances for the London club and scoring 27 goals.