The player is catching attention for his play, which is remincent of Lionel Messi's, and is the latest graduate of Barcelona's La Masia.
According to reports in talkSPORT, Manager Pep Guardiola is keen to push Deulofeu to the Catalan's senior squad this season, but has been worried by several other big European clubs keen to poach the youngster, as he is only 17 this year.
As it stands, Deulofeu is not allowed to sign professional terms with Barcelona until his 18th birthday in March 2012, and this loophole could allow other clubs to swoop for him, in the same manner that Arsenal previously did with Cesc Fabregas in 2003, when the World Cup winner was only 16.
The player has a youth contract with Barcelona that ends in two years, which also has a buyout clause pegged at a paltry £ 3 million.
What will worry the Catalans is reports that Arsenal have already sent chief scout Steve Rowley to study the youngster, during Spain's campaign at the U-19 Championship, and they are already planning on drawing up terms for a formal contract for Deulofeu as soon as he turns 18.