The Italians are looking to secure a loan deal for the Costa Rican winger.
It is believed they are keen to secure a loan move for the winger, who is unlikely to see extended game time at the Emirates Stadium with competition for places fierce within Arsene Wenger’s side.
They are not keen on selling him outright, though, and that has led Palermo into pole position to secure his signature on loan instead.
Owner Zamparini has traveled to England with intermediary Gianluca Fiorini, with developments in the deal expected some time later today - according to the report in Gazzetta.
A good move for all parties
A move to Italy would be a good one for Campbell, who has so far struggled to break into the Arsenal first team because of the likes of Theo Walcott, Alexis Sanchez and Alex Oxlade-Chamberlain all being ahead of him in the pecking order.
He does, however, have talent, with his performances in last summer’s World Cup in Brazil for Costa Rica clearly demonstrating what he can bring to the table.
Arsene Wenger surely sees something in him as well and perhaps he is hoping a successful loan spell in Italy will see him return to the Gunners a better player and more able to compete for a first-team place in future.