Website Football.London, as quoted by the Daily Star, is reporting that the Gunners boss would love to bring the France international to the north London outfit ahead of his first Premier League campaign.
The same article states that Arsene Wenger’s replacement has prioritised signing a new winger following the arrival of four new players in the summer transfer window so far.
According to the same story, FC Barcelona would be reluctant to sell Dembele given the former Borussia Dortmund forward’s obvious potential to blossom into a truly world class player.
Football.London go on to list Portugal winger Gelson Martins, Argentina international Cristian Pavon and Real Madrid midfielder Luis Vazquez as other candidates to improve Arsenal’s options in wide areas.
Arsenal signed experienced Switzerland international Stephan Lichtsteiner in a free transfer from Serie A giants Juventus.
The Gunners have also brought in Bayer Leverkusen goalkeeper Bernd Leno in a £20m deal.
The north London outfit have also brought on Greece international Sokratis Papastathopoulos from Borussia Dortmund earlier this week.
Lucas Torreira became the fourth summer signing at The Emirates Stadium on Tuesday evening.
MORE: Man United latest news
MORE: Arsenal latest news
MORE: Chelsea latest news
MORE: Liverpool latest news