Mesut Ozil’s future at Arsenal is set to be the subject of transfer speculation again now the January transfer window has reopened, with the midfielder being heavily backed to join Fenerbahce.

A move to Turkey has been mooted for some time for Ozil, who has Turkish roots, and Fenerbahce are as short as 1/7 (-700) with Paddy Power and Betfair to be his next club after this month's transfer window.

Ozil was strongly linked with a move to Turkey during the summer transfer window, but the playmaker ended up staying at Arsenal against the odds.

The 31-year-old seemed almost certain to leave the Premier League in the New Year earlier this season after finding himself out of favour under former Gunners boss Unai Emery.

However, the arrival of Mikel Arteta as Emery's replacement at the Emirates has seen the former Germany international restored to the starting XI.

Ozil has started all three games under Arteta and the midfielder has impressed in each of those, winning back over some Arsenal fans who had been questioning his long-term future while Emery was in charge.

Big Price On Ozil To Stay

The gamble on Fenerbahce to sign Ozil has seen his price to stay at Arsenal this month priced out to 6/1 (+600) with Paddy Power and his future could ultimately be decided by Arteta.

Ozil is Arsenal's highest earner and Arteta could decide to cash-in on the player to try and raise funds to enable him to strengthen the Arsenal squad elsewhere this month.

AC Milan, who have already signed Zlatan Ibrahimovic this month, are 14/1 (+1400) shot to sign Ozil as they look to improve their squad following a below-par first half of the season in Serie A.

Ozil has been previously linked with a big-money to Chinese Super League and a move to the Far East this month is as a big as 33/1 (+3300), although that would seem very unlikely given the player’s recent comments on China's treatment of Muslims in Xinjiang.

A return to Germany with Bayern Munich for the former Werder Bremen and Schalke ace is tipped up at 40/1 (+4000), while Marseille, Juventus and Inter Milan are the rank outsiders at 50/1 (+5000).