Former Liverpool defender is close to joining West Ham United.
Sky Sports are reporting that the full-back is close to leaving Real Madrid and returning to the Premier League.
He left Anfield in the Summer of 2009 to join the European champions and he was part of two Champions League winning squads during his time at the Bernabeu.
He had been linked with a return to Liverpool a year ago, but no move materialised for the Spain international.
Arbeloa has become progressively more marginalised at the La Liga club and has finally decided to give up fighting for a place in their first team.
West Ham failed to qualify for the Europa League after losing to Romanian champions Astra last week, so Arbeloa will not play continental football if he joins the Hammers.
He is reportedly undergoing a medical with the London club.