Arsenal are reportedly set to compete with reigning Premier League champions Manchester City for the signature of Villarreal CF centre-back Pau Torres.According to transfer expert Fabrizio Romano (via Sports Illustrated), the Gunners could look at Torres if Gabriel Magalhaes departs the Emirates this summer.The Brazilian has been linked with Juventus by ESPN. Interestingly, the report states that Torres is also a target for La Bianconeri.Sports Illustrated's report added that City have already been in contact with Torres' agents. The 25-year-old could be an option for Pep Guardiola's side if Nathan Ake departs this summer.Ake was linked with a move to Chelsea, but the deal ultimately didn't go through. Newcastle United are now rumored to be interested in the Dutchman and if he moves to St. James' Park, the Citizens could target Torres.City Chief@City_ChiefNewcastle United are interested in signing Nathan Ake from Manchester City as Eddie Howe eyes a reunion with the defender.[TalkSport]47310Newcastle United are interested in signing Nathan Ake from Manchester City as Eddie Howe eyes a reunion with the defender.[TalkSport] https://t.co/GJdPBvDS48It is worth noting that both Arsenal and Manchester City already have quite a few quality central defenders at their disposal.Mikel Arteta currently has Ben White and Gabriel as his first-choice centre-backs, with William Saliba also returning after an impressive loan spell at Olympique Marseille. City, meanwhile, boast the likes of Ruben Dias, Aymeric Laporte, John Stones and Ake in their ranks.However, Torres, who has been brilliant for Villarreal over the last few seasons, would certainly be a fantastic edition for both sides. The Spaniard has racked up 133 appearances for the Yellow Submarine since joining in 2019, helping them win the UEFA Europa League in his second season at the club.Transfer News Live@DeadlineDayLive Villareal want €50M for Pau Torres, nothing less. Juventus are eyeing the defender as Matthijs De Ligt’s replacment but will not pay as much as €50M.(Source: @SkySport)2536186🚨 Villareal want €50M for Pau Torres, nothing less. Juventus are eyeing the defender as Matthijs De Ligt’s replacment but will not pay as much as €50M.(Source: @SkySport) https://t.co/P2CHwMeKAcHe was also a core member of the Villarreal team that made it to the UEFA Champions League semifinals last season.Torres has notably made 19 appearances for Spain, scoring once and laying out two assists.Arsenal and Manchester City have been active in this summer's transfer windowBoth Arsenal and Manchester City have added plenty of quality to their squad in the ongoing transfer window. Both teams have signed four players apiece.The Gunners have added goalkeeper Matt Turner, midfielder Fabio Vieira and forwards Marquinhos and Gabriel Jesus to their ranks. City, meanwhile, have welcomed Julian Alvarez, Erling Haaland, Kalvin Phillips and Stefan Ortega to the Etihad.Both teams are currently involved in the transfer of another player. As per Fabrizio Romano, Manchester City left-back Oleksandr Zinchenko is very close to signing for Arsenal.Fabrizio Romano@FabrizioRomanoNo issues or problems despite some rumours. Oleksandr Zinchenko joins Arsenal, he left Man City’s camp as expected and will join AFC squad in the next hours to sign the contract. 🛩 #AFCArsenal and Man City have already prepared documents, to be signed soon. twitter.com/fabrizioromano…Fabrizio Romano@FabrizioRomanoArsenal are planning for next steps to unveil Oleksandr Zinchenko as new signing. He could leave Manchester City camp later today, in order to join Arsenal and complete medical tests. #AFCFirst and second part of Zinchenko’s medical will take place this week.262243112Arsenal are planning for next steps to unveil Oleksandr Zinchenko as new signing. He could leave Manchester City camp later today, in order to join Arsenal and complete medical tests. ⚪️🔴 #AFCFirst and second part of Zinchenko’s medical will take place this week.No issues or problems despite some rumours. Oleksandr Zinchenko joins Arsenal, he left Man City’s camp as expected and will join AFC squad in the next hours to sign the contract. ⚪️🔴🛩 #AFCArsenal and Man City have already prepared documents, to be signed soon. ⤵️✅ twitter.com/fabrizioromano…Romano added in a separate report that Guardiola will look to add Brighton & Hove Albion full-back Marc Cucurella to the City squad to replace Zinchenko.The Gunners, meanwhile, are close to signing Leicester City midfielder Youri Tielemans, according to The Sun.