Gunners could sell quartet to raise funds for more new signings.
Four first-team players are likely to leave Arsenal this summer with the Gunners recouping a total of £40m from the sales, according to CaughtOffside.
Arsenal have already secured two major signings since the end of last season.
Manager Arsene Wenger is apparently now looking to offload some of his less important squad members to raise funds for further additions.
German forward Lukas Podolski is likely to be the first to leave, with Sevilla ready to pay £12m for the 29-year-old.
Santi Cazorla, also 29, is another star who could be on his way out, with La Liga champions Atletico Madrid said to be interested in the Spanish playmaker.
The Gunners expect to recoup £10m from Cazorla’s potential sale.
Club captain Thomas Vermaelen, 28, has been heavily linked with a switch to Premier League rivals Manchester United.
Wenger is prepared to allow the Belgium centre-back to move to Old Trafford, but he will demand £12m to sanction the deal.
Fellow defender Carl Jenkinson, 22, could also be allowed to move on.
Jenkinson is reportedly unhappy with Arsenal’s signing of Mathieu Debuchy, and Wenger will reluctantly accept bids of £6m for the one-time England international.
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