Chelsea striker Michy Batshuayi is set to make a loan move to Borussia Dortmund - paving the way for Pierre-Emerick Aubameyang to join Arsenal.
Mirror sport reports, that Arsenal have agreed personal terms with the Dortmund striker and are set to trash out the deal with the Bundesliga club soon.
Borussia Dortmund, however wanted to bring in a replacement before giving the deal the green light, and Chelsea forward Michy Batshuayi could join them until the end of the season.
Antonio Conte is willing to let the Belgian striker go as long as Chelsea can bring in another striker before Wednesday's deadline.
Batshuayi scored twice in the FA Cup victory over Newcastle on Sunday and has a decent record although his opportunities have been few and far between.
After the win, Conte said: "There is a World Cup this summer and every player wants to play to try to push for the competition. This is another situation.
"If the club decides to add another player, I don't know if Michy wants to stay or go on loan. This is a player decision, not mine. I want to continue to work with my players.
"I don't know what will happen but when you have to play in the Champions League and FA Cup, three strikers is the minimum. Then we have to see what will happen in the transfer market."
Meanwhile, Roma chief Umberto Gandini has hinted that Edin Dzeko's agent is to blame for the hold up in the striker's potential move to Chelsea.
The Blues have already had at least one bid turned down for Dezko, but now it seems as though it's the player's agent that could be delaying a transfer.
Gandini told Sky Italy : "Dzeko? There are offers, we are in talks. Sometimes three people must agree a deal: the club, the player and somebody else who is close to the player."
The Bosnian moved to Roma from Manchester City in 2015 and has scored 62 goals in 118 appearances.
If a deal for Dzeko does not happen, Arsenal's Oliver Giroud could be heading to Stamford Bridge as Aubameyang's arrival could pave the way for the French striker's exit.
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