The Gunners have agreed a fee with the Bundesliga champions for the Brazilian midfielder, who has now admitted that a move to the Emirates would benefit his career
Goal revealed earlier on Monday that the Gunners have agreed a £17.2 million fee with Bayern for the Brazilian, and he has admitted that he wants to leave Bavaria and that the Emirates is an attractive destination.
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"I am in a very delicate situation at Bayern and this needs sorting out. I have personal and professional reasons to move.
"I have heard about the Arsenal interest. It's a big club we're talking about here so of course I'd like to play for them.
"Arsenal play a very attractive brand of football and are in the Champions League. They also have a very clever manager in Arsene Wenger.
"Even when Bayern beat them in the last Champions League [on aggregate] you could see they are not pushovers."
The 26-year-old has fallen down the pecking order at the Allianz Arena following the arrival of Pep Guardiola, who has signed former charge Thiago Alcantara from Barcelona this summer.
Luiz Gustavo was already in competition with Bayern icon Bastian Schweinsteiger and club record signing Javi Martinez before Thiago was drafted in, and reports in Germany suggest Guardiola has no interest in utilising the Brazilian this season.
Arsene Wenger has admitted that the club's move for Luis Suarez is "on stand-by" after Liverpool rebuffed their latest offer of over £40m, though he has also revealed that he is always looking to bolster his squad.
Yaya Sanogo was brought in on a free at the start of off-season, but Wenger now appears to be closing in on his first major signing of the summer transfer window.