The report states: 'The Gunners' boss Arsene Wenger is an admirer of the Manchester United star, and the club has been asked to be kept informed about his future plans.
'Wenger wants to sign a top-level forward in the summer to replace Olivier Giroud as their first-choice frontman, and Welbeck is seen as a serious option.
It has been reported the 23-year-old has been left frustrated with team selection in Manchester, with him often asked to play roles that differ from his favoured number 9 position, which is often occupied by Robin Van Persie, Wayne Rooney or Javier Hernandez.
The link to Arsenal, touting him as a possible replacement to Giroud, raises three striking questions...
Is Welbeck good enough for Arsenal?
The first question that Arsenal supporters will think is: 'Is Welbeck good enough for Arsenal?' I predict many will say no, but on closer inspection, he may just be the bargain of the summer.
Welbeck has scored nine goals in 23 Premier League appearances this season, a rate of just over a goal once every two games. However, this doesn't take into account nine of those appearances have been from the bench - some appearances have been as little as 12 minutes long.
In fact, when he has started up-front for United this season he has struck an impressive 5 goals in 8 games, a rate any striker in the world could be proud of.
Is he the right fit for what Arsenal need in a No.9?
This a question that I asked myself when I first heard the rumour, and in my opinion, it is very debatable. Nevertheless, believe he could link up with the Arsenal wide-men as well as central-attacking players and integrate himself well in their system.
It would take coaching, but with a pre-season behind him, I think he would be able to handle the role and excel in it. I also believe, if given the chance, he could bring out the best in Mesut Ozil.
Does this mean the end of Giroud, or could they work together?
I don't necessarily agree with the initial report that the signing of Welbeck would mean the end of Giroud at all. In fact, I believe it could even help him. The combination of Giroud and Welbeck does seem like an old-fashioned strike partnership that could do well if given the chance.
Although the current Arsenal system doesn't implement two strikers, when chasing the game or playing a side where it could be stronger to use two attackers, I believe it could work.
It's certainly not a system or a method Arsenal currently have the personnel for at the minute.
Here is what Arsenal fans had to say on Twitter to the speculation...
Arsenal linked with Barry and Welbeck? No thanks, we should be past looking at them quality of players, our standards need to be higher— Nabarð (@NabardWaissi) April 26, 2014
Stop this welbeck arsenal talk wenger doesn't buy English strikers so that's the end of that— TMLOE LVN (@Swizzy_T) April 26, 2014
Tbh I'd take Welbeck at Arsenal all day long— •TCamps (@TeeCamps) April 26, 2014