Arsene Wenger is set to make Paris Saint-Germain's Edinson Cavani his number one striker target if Jamie Vardy decides against a move to the Emirates.
The Daily Express say Cavani will leave PSG this summer and is interested in a move to the Premier League.
The Uruguayan has been frequently linked with a move to Arsenal in the past but a concrete bid has never materialised.
Cavani, 29, scored 25 goals in 52 appearances for Laurent Blanc's side this season.
Ray Parlour has claimed Leicester City striker Jamie Vardy pulled the plug on a move to Arsenal after a dramatic change of heart.
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The Foxes goal-machine looked to be on his way to the Emirates after Arsene Wenger met a £20million release clause in the striker’s contract, but the deal then appeared to stall as Vardy jetted off to Euro 2016 with the England squad as his future hung in the balance.
And former Gunners midfielder Parlour believes the club’s chances of snaring the forward have now evaporated after the Leicester hitman made a U-turn.
“It looks like it isn’t happening now," Parlour told talkSPORT. "I was at the Arsenal the other day and there were big reports flying around, and the club’s cameramen and digital staff had to get down to the training ground.
"So it looked like it was going to happen - there was a medical being done. But it seems Vardy thought about it while on England duty, and suddenly there was a U-turn."