The 21-year-old Spaniard spent the first half of the season on loan at La Liga side Granada but managed just six games across all competitions.
Toral arrived in Glasgow last night and will link up with former manager Mark Warburton, who he worked under during a loan spell at Brentford.
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Miralem Pjanic reportedly wants a move to Arsenal in the summer
Juventus midfielder Miralem Pjanic is interested in joining Arsenal, according to Corriere dello Sport journalist Emanuele Giulianelli.
The Gunners reportedly eye Pjanic as a long-term replacement for Santi Cazorla, but a move is more likely to take place in the summer.
Giulianelli said: “I don’t think something will happen in January. He is really interested in going to Arsenal to test himself in the Premier League.
“But I think this could be a move about which they will talk again in June. If Arsene Wenger remains at Arsenal, he could become the replacement for Santi Cazorla at some point.”
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Per Mertesacker could leave Arsenal on loan
The Times claim Arsene Wenger is considering letting Arsenal captain Per Mertesacker leave on loan.
The former Germany international is yet to featured for the Gunners this season with a knee injury and is out of contract at the end of the season.
And Wenger is reportedly willing to let the 32-year-old prove he deserves a new contract with regular game time away from the Emirates.
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