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The North London side is ready to hijack the Brazilian winger from Bordeaux, as they are ready for life after the Chilean international.
Arsenal is interested to add the Brazilian youngster to their squad, and they are ready to splash out £44 million for him,
This season the 20-year-old caught the attention of many elite clubs with his wonderful skills and earmarked as an ideal candidate to replace Alexis Sanchez.
This season the youngster has scored 7 goals for his side so far, and laid on five more for his club mates,
Manchester United and Tottenham are also interested to bring him into their squad.
This season Arsenal Wenger is also ready to swoop deal with Manchester United for Alexis Sanchez, with the Armenian international Mkhitaryan as one the option.