According to Alexandre Higounet of Le 10 Sport (h/t Metro's Tom Olver), Gunners manager Arsene Wenger is "going all out" to land the in-form striker as he targets attacking reinforcements in the upcoming transfer window.
He could do little better than the Gabon international, who has scored 35 goals and assisted 11 in all competitions this season.
Here are some of the impressive array of strikes he has netted so far:
Sports journalist Stefan Bienkowski believes Aubameyang is close to being on a par with Bayern Munich hitman Robert Lewandowski:
The Gunners could certainly use a clinical striker to put away their chances, as the likes of Olivier Giroud, Theo Walcott and Danny Welbeck are not reliable enough when presented with an opportunity to score.
If they were to sign Aubameyang, their forward line would be far more threatening, and the Premier League title would be a far more realistic proposition, as would progression past the last 16 of the UEFA Champions League.
Bleacher Report's own Clark Whitney believes BVB might well consider parting with him for the reported price:
Arsenal rarely splash the cash in the manner of their rivals but have shown with the signings of Mesut Ozil and Alexis Sanchez they will on occasion bring in a big-money marquee recruit. If they make Aubameyang that signing this summer, they'll have taken a huge step toward becoming a truly elite side both in England and Europe.
One player who seemingly won't be heading to the Emirates Stadium this summer is Real Madrid playmaker Isco. Italian outlet Tuttosport (h/t TalkSport) recently reported him as a target for the Gunners—one Juventus would also like to buy—but the Spaniard has dismissed the speculation.
Per David Amoyal of Gianluca Di Marzio's website, Isco said: "We're a team, I don't feel singled out. Will I join Juve? They need to sell some papers...I'm very happy at Real and I want to complete the remaining portion of my contract [two more seasons] with Madrid."
The midfielder is not an automatic starter at the Santiago Bernabeu due to their wealth of talent, but he is an excellent player with strong dribbling skills and outstanding creativity.
The 23-year-old has not been at his best in a mixed campaign for Los Blancos as a club, but he has nonetheless provided 12 assists. He has only found the net four times, though, with football journalist Dermot Corrigan noting his significant goal drought:
Isco could still be a useful signing, but it seems he's determined to make his move to Real a success, so landing him may be difficult.