Are the Gunners set to end their long search for a striker?
Ben Yedder (left)
The former France Under-21 striker scored 23 goals in 41 appearances in all competitions last season, including 17 in Ligue 1.
However, Toulouse are resigned to losing Ben Yedder this summer, with his contract due to expire in 2017, and club president Olivier Sadran is said to want €10 million (£8.4 million) plus bonuses for his side's prized asset.
Arsenal's path to the former beach footballer is far from straightforward, however, with Sevilla also strongly linked, having reportedly put Ben Yedder's signing on the back-burner earlier this window.
And English sides Leicester City and West Ham United have also been linked with moves for the soon-to-be 26-year-old, who is of Tunisian descent.
Arsenal have only signed Switzerland midfielder Granit Xhaka so far, having been unable to lure England striker Jamie Vardy from Leicester last month.
However, the capture of Ben Yedder, who can also operate out wide or as a number 10, would go some way to making up for the Gunners' failure.