Arsenal are thought to be keen to offload Mesut Ozil in January.
Bayern Munich appear to be the frontrunners and are prepared to offer £30m for him.
The Gunners are looking at Real Madrid’s Sami Khedira as a replacement.
Arsene Wenger is hopeful Olivier Giroud could be back sooner than expected.
Giroud was initially ruled out for four months after breaking his foot against Everton.