Date: 31st August 2006 at 8:36pm
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A Real Madrid spokesman has revealed that Arsenal & Real have agreed a loan deal which will see Reyes and Baptista at the respective clubs.

The clubs may have agreed the move but the two players are yet to sign any contract, although I don’t think Reyes will have a problem with it.

At the end of each players loan deal, the clubs will have the option to buy.

Arsene Wenger had a failed attempt to bring Julio Baptista to the Gunners last summer but it appears as though the French manager has finally got his man.

More news as it arrives.