This is great news for the Gunners, as Giroud will bring a different dimension to the attacking line. He will be an aerial threat, has outstanding movement and is a box-to-box player.
He reminds me a little bit of Van Nisteroy who made a prolific career at Manchester United.
But still before getting excited, we should all wait for confirmation from Arsenal FC. Giroud would become the second striker to sign for the club this summer, after Lukas Podolski was snapped up for a bargain fee.
The 26-year-old has scored his first goal of the Euro tournament when he made his 100th appearance for Germany.
These strikers are not there to replace Robin Van Persie, but they can play anywhere in the forward line. Giroud would be more of an apprentice for his first season at Arsenal unless RVP decides to leave.
But, what it does mean is that players such as Bendtner, Chamakh and Park will be sold in the summer.
The Van Persie situation is turning into a saga that all Arsenal fans are used to by now. However, with Holland crashing out of the tournament and RVP failing to shine, the situation may be resolved sooner than we think.
I certainly hope so.
While the Gunners' chief focus is on reshuffling their front line, another player who has been linked with the club for a long time is Yann M'villa. After some confusion over whether he would move to the Emirates, the player has now told reporters (via Independent) he would be interested to move to North London.
Another strong holding midfield player to partner Song in the middle can only be a good addition to the squad. All Arsenal needs to do now is offload other players who are mounting up the wage bill.
Arsenal needs to sign a defender who can play in the centre, and cover at left back too.
Arsenal needs cover for Gibbs, as Andre Santos is not great doing his defending duties but is a great attacker. Maybe he should be used as a left winger when Arshavin is sold?
I've heard and read a lot about Dzagoev. He seems to be a great young talented player, and has had a fantastic tournament in the Euros despite Russia crashing out.
But, I'm not sure whether he is worthy enough to get a move to Arsenal. The Gunners moved for his compatriot, Arshavin, in similar circumstances.
But, it fired back at Arsenal as Arshavin never really proved himself as a consistent world class player.
If Dzagoev was such an amazing player, then why has his contract been allowed to run into the last six months?
A player who is 22 years old with consistent quality will have been signed up by now. Maybe his parent club are looking to cash in on him this summer. No one wants Arsenal to make the same mistake again.
For the first time in a long time, it seems Arsenal have began work early in the transfer window so they can be ready for the new season. I'm sure there will be many more twists in this summer's transfer market, but I'm quite optimistic for Arsenal to push for the title this year.