The Spanish stopper has fallen out of favour at the Emirates after some high profile blunders in high pressure games and since injuring an elbow in September hasn’t appeared in a Gunners shirt.
Almunia, 33, was considered Arsene Wengers first choice at the start of this season ahead of Polish duo Fabianski and Szczesny but the two have overtaken the stopper who once wanted English nationality to solve England’s ‘keeper woes.
Former Real Madrid supremo Manuel Pellegrini, (now in charge of Malaga) has singled out Almunia as his key singing this transfer window. Although Los Boquerones will face stiff opposition for his signature from La Liga rivals Villareal and Champions League hopefuls Athletico Madrid.
There hasn’t been a value set as yet for the uncapped stopper but a fee in the region of around £1.5 million should be enough to seal the deal.
Follow Steve Featherstone on Twitter @FeathersWorld.