Gunners boss Arsene Wenger is thought to be in the market for a new goalkeeper after numerous questionable displays from his current batch of shot-stoppers.
Current number one Manuel Almunia has failed to impress at the Emirates following the departure of Jens Lehmann in 2008, back-up goalkeeper Lukasz Fabianski made a series of costly mistakes when given a chance between the posts this season and Vito Mannone is lacking in first team outings.
Schwarzer is linked with a move across London and the 37-year-old international could provide the experience needed in the Arsenal goal.
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Follow all the build-up to another weekend of Premier League action, and keep up to speed with the continued fallout from Fabio Capello's resignation as England manager. Tweet us @GoalUK!
But that doesn't mean that the debate stops here! I'll still be manning the @GoalUK Twitter feed as we carry on discussing the burning football issues, and of course Goal.com will have all the Premier League news as it breaks through the evening. You can also tweet me at @channeldelibird. That aside, though, we'll see you tomorrow to find out how it all plays out!
Go on, have a flutter. 50p. What could go wrong?*
*Don't.
You say that, Jay, but the Magpies haven't plummeted down the table as some had expected when they finally dropped out of the Champions League places at the tail end of last year. Alan Pardew still seems to be getting the best out of his squad at the Sports Direct Arena.
Fran Stinchcombe agrees with me: "Newcastle have the best team spirit it would seem other than norwich and swansea, that alone could see them push into the top 4"
The Mexican tyro has also got his eyes on winning the Red Devils a 20th league title. To see his thoughts, just click 'read more'.
So far the vote is 3-1 towards laughing me out of the building on this one - but they laughed at Galileo too when he said that the earth orbits the sun ...
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What we learned this week: Suarez's kung-fu aside, Liverpool are so boring they can be upstaged by a cat
Kenny Dalglish's side and Spurs were upstaged by a feline pitch invader on Monday night, while Harry Redknapp has already been appointed England manager by everyone but the FA
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Same difference? - What would Mourinho be doing differently to Villas-Boas at Chelsea?
Both Portuguese bosses came from Porto to Stamford Bridge but the current Real Madrid manager enjoyed a significantly more successful first season than his understudy has thus far
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Cartoon of the Day: Has Capello's England resignation set off a managerial merry-go-round?
Goal.com cartoonist Omar Momani gives us his unique take on the football news of the day...
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Can Luis Suarez repeat Eric Cantona's grand comeback when Liverpool face Manchester United?
The divisive Uruguayan can look to history when he starts against United on Saturday for the first time since receiving an eight-match ban for racially abusing Patrice Evra
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'We need to give the next England manager a chance' - media experts on 'the impossible job'
With Fabio Capello the latest in a long line of Three Lions managers to leave his post in a media storm, Goal.com has looked into the pressure from the press in the England camp
