The Gunners are thought to be in the market for a new no.9 this January, with Gabriel Jesus and Eddie Nketiah struggling for goals in the Premier League.
Osimhen has been one of the names linked with a move to the Emirates, with Chelsea also thought to be interested in the Nigerian.
It was even suggested that Arsenal could use Jesus as part of a player-plus-cash deal to help lure Osimhen to north London.
However, Italian outlet CalcioNapoli24 have claimed that he is close to signing a new contract with the Serie A side, just months after it looked like he was destined to leave.
That hasn't stopped Arsenal chancing their arm though, with the club having allegedly made contact with Osimhen's agent, Roberto Calenda.
If he did pen a new contract in Naples, his release clause would rise to €130 million, meaning Mikel Arteta may have to break the club's transfer record in order to sign him.
Although Arsenal fans may be slightly concerned by his previous comments, hinting that he would prefer a move to Chelsea.
In an appearance on 'The Obi One podcast' with compatriot and former Chelsea midfielder John Obi Mikel, Osimhen revealed he has the shirts of both Chelsea and United.
"I don't have a favourite Premier League team but I've two jerseys: Chelsea and Man United," Osimhen said.
"Many friends of mine are Chelsea fans, few are Man Utd fans.
"Premier League is the most appreciated league by every African player — it's a huge league."
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Chelsea no longer interested in MaignanPer Fabrizio Romano, Chelsea are no longer interested in AC Milan goalkeeper Mike Maignan. They have not reactivated talks with the player and reportedly do not intend to do it later in the transfer window as they have confidence in their current crop of custodians at Stamford Bridge.Van Nistelrooy set to be sacked by Leicester after relegationLeicester City ...
Juventus, Napoli in contact with Chelsea striker JacksonSerie A clubs are interested in Chelsea striker Nicolas Jackson.Jackson's future at Chelsea is in doubt after he suffered another red card in yesterday's Club World Cup defeat to Flamengo.Sky Italia's0Gianluca Di Marzio reports that Juventus and Napoli are interested in Jackson.Juventus have0 already made contact with the player's management ...
Bayern Munich rival Chelsea for Borussia Dortmund winger GittensBayern Munich are interested in Borussia Dortmund winger Jamie Gittens.Gittens saw a move to Chelsea fall through last week after Dortmund rejected their 342m offer on Tuesday's Club World Cup transfer deadline.Kicker reports that Bayern are planning a move to sign Gittens during this window.Bayern sporting director Max Eberl has left...
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