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With Jamie Vardy and Morata deal going stall Arsenal have shifted focus in search of a front-man and have identified Inter Milan striker Steven Jovetic.
The Mirror are citing sources in Italy calming Arsenal are considering signing Jovetic this summer as the Italian club are looking forward in doing business for £11.5m.
Arsenal had previously made attempts in signing him during his time at Fiorentina before he eventually signed for Manchester City in the summer of 2013.
Jovetic struggled to shine in the Premier league with Manchester City scoring just 11 goals in 39 appearances before being sent on loan to Inter Milan.
Arsenal will have to face competitions from Spartak Moscow for his signature.