According to Samuel Luckhurst of the Manchester Evening News, while both Manchester United and Manchester City have been strongly linked with a move for the Austria international, he'd prefer to move to the capital and join the club he supported as a youngster.
While it's noted in the report that Alaba only recently agreed a new contract with Bayern, "standards under the laissez-faire Carlo Ancelotti have started to dwindle, and it is believed Arsenal are interested in bringing Alaba to England."
For the Gunners, bringing the versatile star to the Emirates Stadium would represent an extraordinary coup. Here's a look at why:
Alaba is arguably the finest left-back in world football. At Bayern, he has made significant strides and showcased all the qualities needed to blossom in the position; the 24-year-old is technically proficient, physically imposing and defensively attuned.
Additionally, Alaba is capable of having an influence on matches from a variety of different positions on the pitch. For Bayern, he was used as a centre-back last term, while for the national team, he typically lines up in central midfield.
While he's a defender by trade, these numbers from OptaFranz illustrate the influence he can have in the final third, too:
4 - Only F. Ribéry assisted more goals (7) for @FCBayernEN in all comps in 2016-17 than @David_Alaba (4, same as @esmuellert_). Industrious. https://t.co/J8ZsFoSI6t2016-10-22 17:20:27
Arsenal aren't in desperate need of a left-back, as manager Arsene Wenger has Nacho Monreal and Kieran Gibbs to call upon. Nevertheless, if a player with Alaba's pedigree were to become available and the man himself was keen on the move, they'd be foolish not to push for a deal.
What will pose a potential stumbling block would be Munich's assumed reluctance to sell one of the most talented young footballers in the game. The Gunners, therefore, would have to part with an enormous transfer fee before the German champions consider doing any business.
Arsenal Close to Boubacar Kamara Deal
According to L'Equipe (h/t Get French Football News), Arsenal are closing in on the signing of Marseille youngster Boubacar Kamara.
In the report, it's suggested the 17-year-old has yet to agree a senior deal with the Ligue 1 side and can subsequently discuss a possible move with other outfits. The Gunners are said to be keen to capitalise on the situation and secure the central defender.
It's noted that Kamara is Marseille's main priority in terms of transfers given the exciting potential he has showcased early in his career. Here is a look at why there is so much buzz surrounding the France youth international:
While he's yet to feature for the Marseille senior side, Kamara has been making an impression in the France setup, having represented the nation's under-18 team on five occasions. In the summer, he played in the UEFA Under-17 European Championship and was part of a team that didn't concede a goal before losing to England in the final.
If Arsenal can get this deal over the line, then Kamara could be a savvy acquisition with the future in mind. The Gunners have plenty of strong senior options at centre-back, meaning it would likely be a while before Wenger called upon the youngster in competitive action.