The Germany international, who is valued at £11 million by the Gunners, has offers from the Serie A champions, Galatasaray, New York Red Bulls & Olympiakos
By Wayne Veysey | Chief Correspondent
Juventus and Wolfsburg lead the race for Lukas Podolski after Arsene Wenger sanctioned the sale of the Arsenal forward, Goal understands.
The German was told in a meeting with the Gunners boss that he can find a new club in the final week of the transfer window.
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Goal revealed last week that Arsenal were braced for offers for the World Cup winner as Wenger prepared to sanction his departure.
The Gunners would prefer to sell the 29-year-old if their valuation of £10-11m is met rather than loan him out for the season.Podolski was a marginalised figure at Emirates Stadium last season and, with growing competition for the attacking roles, is willing to move in search of regular football.
He did not feature in the 18-man Arsenal squad that travelled to Everton last Saturday even though he was fit to play.
Podolski, who turned 29 in June, has two years remaining on his contract and was ignored in the flurry of extended deals handed to senior players at the end of last season.
Wenger 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 new signing Alexis Sanchez, Walcott, Wilshere, Santi Cazorla and Tomas Rosicky in the battle for the flank roles.
Podolski is believed to be the only senior Arsenal player who could be sold in the final weeks of the window. Wenger is keen to hang on to Costa Rica forward Joel Campbell, who has attracted strong interest from Premier League clubs and overseas.