Bacary Sagna has turned down a £9 million offer from Inter Milan and now appears likely to sign with Manchester City in the summer.
Sagna, the 31-year-old right back, has become increasingly frustrated at only being offered a two-year deal on his current wages of £60,000 a week by Arsenal.
Real Madrid, Barcelona, Monaco, Fenerbahce and Galatasaray are among the clubs monitoring Sagna's situation.