A convincing 2-0 victory over north London rivals Tottenham Hotspur at the weekend stretched their lead at the top of the Premier League table to eight points and put them in the driving seat to win their first league title since 2004.
With this in mind, he will be hoping to secure a couple of new faces to not only strengthen his squad for the rest of the season but also continue building for the future.
Signing the teenager would be a major boost for Arteta, and the club could land their next Hector Bellerin if Fresneda decides to join the Gunners.
Bellerin signed for Arsenal from Barcelona back in 2011, with the right-back having been part of the famed La Masia academy at the Catalan club, who he rejoined last year.
He was just 16 years of age when he joined the Gunners and eventually worked his way up to the first-team squad, going on to make 239 appearances for the north London side while scoring nine goals and grabbing 29 assists in the process, distinguishing himself as a creative outlet from full-back.
Like Bellerin, Fresneda is also a Spanish right-back who emerged through the youth system of a La Liga club, namely Real Valladolid.
The wonderkid posses similar attacking qualities to the Barcelona defender, having made 1.1 key passes per game and created two big chances in nine appearances this season.
He was recently praised by Scouted Football via Twitter, who wrote: “The more you watch Iván Fresneda, the more impressive he becomes. He can drive down the line, play at different angles, provide an outlet in build-up, cut through lines with passing, defend in one-v-ones. All the makings of a flexible right-back for the top-level teams.”
They added: “All of that is supplemented by an athletic frame with a leggy mobility that fits in at a high level already and has the capacity to develop further. Real Valladolid have a gem in Iván Fresneda.”
Bellerin went on to become a stalwart under Arsene Wenger (and latterly Unai Emery and Mikel Arteta); and given Fresneda’s obvious talent, he could become a creative Spanish right-back at Arsenal just like the 27-year-old had previously been.