The story has gained momentum since the close of the transfer window - with his obvious lure as a free agent causing the English press to stoke the flames of the apparent North London interest.
Arsenal are still considering themselves to be short in the striker department - so the striker is a perfect cheap option considering he is without a club since his release by Schalke.
Last week some new revelations became clear about Marica. He has been training with Dinamo Bucharest in order to stay fit for whoever decides to snap him up on a free this summer, and their club president Ionut Negoita admits that they made a cheeky offer to bring him into the club permanently after the recent international break.
But the striker politely declined the offer to rejoin his boyhood club at the age of 27 - obviously feeling he still has much to offer a top European league.
Which it would appear is where he is going according to what Negoita said of the offer:
‘’It would have been an honour for us, even for a short period if Marica could help our project. But Marica has found a team. He'll sign with a top team, from what I hear, he will have a very good agreement.”
"I am in negotiations with three teams. I hope I will be able to tell you the name of my next team by the end of next week."
But he may very well have thrown any deal into potential turmoil with his recent antics.
It is reported in Romania and Germany that the striker got into a fistfight with a paparazzo yesterday, who was trying to get a picture of him with his ex-girlfriend - something of a hot topic in the Romanian press at the moment.
Marica apparently punched him to the ground and took his camera before returning it with the memory card removed. The police were called and Marica had this to say about the incident:
"The fact that I'm being followed everywhere in Romania is not disrespectful, that is an outrage. My private life has no interest to anyone. I took the camera away because I wanted to delete the pictures.’’
So Arsenal might be getting their hands on a hot-head if they go through with this deal.