Arsenal will offer £25m to sign Barcelona striker Pedro, Mundo Deportivo has reported.
The 27-year-old is also a target for Liverpool and Internazionale in Italy according to reports and could leave the Spanish giants during the summer transfer window.
On Wednesday, he admitted that his future at the Camp Nou is uncertain as he described his situation as a delicate one.
He signed a new contract at the start of last month with his buy-out clause set to £110m.