The Gunners are aiming to recoup the majority of the £11 million spent on the German, while Wigan are keen to keep hold of Manchester United starlet Nick Powell
Arsenal will listen to offers for Lukas Podolski in the summer.
The Germany international has been a marginalised figure in his second season at the club and is now eyeing a transfer in the next window.
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The forward, who turns 29 in June, has two years remaining on his contract and, like Mikel Arteta, was ignored in the recent flurry of extended deals handed to senior players.
Podolski has started two of Arsenal's last three matches but, despite the team being decimated by the lengthy absences of Mesut Ozil, Aaron Ramsey, Jack Wilshere and Theo Walcott, has failed to establish himself as a regular in Arsene Wenger's side.
The Arsenal boss does not believe that the Germany international has the physical power and technical ability to spearhead the attack and he is behind the likes of Walcott, Wilshere, Santi Cazorla and Tomas Rosicky in the battle for the flank roles.
There was strong interest from Schalke in Podolski last summer and a return to the Bundesliga is a possibility, while he is also being monitored by Serie A clubs.
- Wayne Veysey
WIGAN KEEN TO EXTEND POWELL LOAN
Wigan are hoping to secure another loan deal for Manchester United starlet Nick Powell next season.
Latics manager Uwe Rosler wants to keep the forward for another 12 months - regardless of whether or not they earn promotion back to the Premier League.
Rosler plans to discuss the deal with United at the end of the season, while no decision has been made at Old Trafford regarding the 20-year-old's future.
Powell moved to United from Crewe as a teenager in 2012 but was used sparingly by Sir Alex Ferguson last season after scoring on his Premier League debut as a substitute in a 4-0 win over Wigan.
The forward was out of action for over a month after suffering an injury in January but has returned to the first team squad and came off the bench to score the equaliser - his 12th goal of the season in all competitions - in a 1-1 draw with Bolton on Saturday.
Wigan have been in sensational form under Rosler and are among the Championship play-off places with eight games to play.
- Paul Clennam