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Arsenal and Manchester United in race to sign Yannick Carrasco

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Yannick Carrasco is wanted by Arsenal and Manchester United (Getty Images)

Arsenal and Manchester United are interested in signing Yannick Carrasco, according to reports in Italy.

The 25-year-old has spent one season in the Chinese Super League after joining Dalian Yifang from Atletico Madrid last February.

Both Arsenal and United are looking to bolster their squads with a new attacking signing in the January transfer window.

And according to Sky Italia, Carrasco is considered as a potential option by both Premier League clubs.

The report also claims that AC Milan are interested in Carrasco, but the Belgium international is understood to favour a move to Arsenal.

Carrasco joined Chinese side Dalian Yifang for £26.5m last February (Getty Images)

More: Football

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Carrasco joined Dalian Yifang for £26.5 million last year and the Chinese club, who finished 11th in the table last season, will want to recoup that fee.

Carrasco made an immediate impact on the left side of Dalian Yifangs attack with seven goals and five assists in 25 appearances.

But the 25-year-old is also capable of playing in a more defensive role and has been used as a wing-back by Roberto Martinez for Belgiums national team.

More: Manchester United FC

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