If the Dutch star leaves the Emirates, Arsenal are ready to bid for Atletic Bilbao striker Fernando Llorente. But the 28-year old Spanish hitman has a £28m release clause. Apart from Llorente, Fiorentina's Stevan Jovetic and Borussia Dortmund's Peter Lewandowski are possible replacements for Van Persie
Niklas Bendtner is set to exit from the Emirates after offers from Galatasary and AC Milan. The Danish striker has had loan spells at Birmingham and Sunderland.
Gunners flop Marouane Chamakh has been offered a move by Russian club Rubin Kazan. Turkey club Besiktas are also eyeing the £4m-rated Morocco striker.
Zenit St. Petersburg face competition from Qatar club Al-Sadd to Andrey Asharvin.
Arsenal want to sign Spain and Malaga FC midfielder Santi Cazorla for a cut-price of £10m. The Gunners have made the former Villareal playmaker one of their top targets should winger Theo Walcott opt to leave the Emirates this summer. However, the 27-year old Spanish international is also target for Spanish giants Barcelona and the Gunners North London rivals Tottenham Hotspur.
Ins: Olivier Giroud (Montpellier-£13m) Lukas Podoloski (Cologne-£11m)
Outs: Manuel Almunia (released), Gavin Hoyte (released), Jeffrey Monakana (Preston-free), Joel Campbell (Real Betis-loan), Denilson (Sao Paulo-loan)