The 24 year old has been cut from Napoli’s Champions League squad for the qualifying round,
This means if he was to move to Arsenal Vargas would not be cup-tied for Arsenals Champions League campaign.
This is seen as a clear indication that Vargas will be leaving Napoli in this transfer window.
Valencia are also said to be interested in signing Vargas. Vargas was on loan at Valencia last season, and impressed the club enough into considering a permanent move.
Last season, for Valencia, Vargas made 25 appearances, scoring five goals before being picked for Chile’s 23-man World Cup squad.
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