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Gervinho has been a key player for Lille this season as they won the French league for the first time since 1954 and will command a hefty transfer fee – leaving Wenger needing to raise the necessary cash through player sales, according to The Guardian.
Arshavin, a £15 million signing from Zenit St. Petersburg in 2009, has failed to live up to the heights of last season and Wenger has reportedly identified him as a player who could be sold to make way for new signings.
Twenty-four-year-old Gervinho has previously been linked with Liverpool, Tottenham and Everton though the Ivory Coast star has made it clear he intends to play Champions League football next season – something available to him at Lille and Arsenal.
The Gunners are set for a summer of transfer activity after Wenger openly admitted for the first time in a while they will be very active in the market as he looks to end their barren trophy-less spell.