That has not stopped Diego Simeone attempting to bring him back to Spain, despite Bellerin being valued at £50million with four years left on the six-and-a-half-year deal he signed in November 2016.
Arsenal right-back Hector Bellerin is being targeted for a summer move by Atletico Madrid
However, Atletico are prepared to offer Vitolo as part of the deal, with Gunners boss Unai Emery having worked with the winger at Sevilla.
The pair won three Europa League titles together in Spain, and Emery may be tempted at the prospect of a reunion.
Vitolo, 29, has played 45 games for the Madrid club and scored only four times since joining in 2017, with half of the 2017/18 season spent on loan at Las Palmas.
The Spanish defender is still recovering from a serious knee injury suffered in January