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Report making the round claim Arsenal are close to signing Borussia Dortmund defender Sokratis, according to reports.
The Greek international has just 12 months remaining on his current deal with the Bundesliga giants.
And according to German newspaper Bild, the 29-year-old is likely to head to the Emirates this summer.
They say Arsenal are willing to hand Papastathopoulos a two-year contract to join the Gunners.
Bild add that Dortmund will sell the defender for around £17.5m (€20m), with the German side already eyeing a replacement.
Mainz ace Abdou Diallo tops their transfer wishlist, with Dortmund readying a £22m (€25m) bid for the defender.
The Gunners are already making moves in the transfer market, despite not having a manager.
Arsene Wenger took charge of his final game last weekend, as Arsenal beat Huddersfield 1-0.
Ex-Arsenal ace Mikel Arteta is the favourite to replace Wenger at the Emirates this summer.
Juventus’ Max Allegri and former Barcelona boss Luis Enrique have been linked with the job but it seems Manchester City coach Arteta is Arsenal’s No 1 choice.
Arsenal chief scout Sven Mislintat is reportedly the driving force behind the Gunners’ transfer business until a new manager is appointed in the coming weeks.
Express Sport understands that Arsenal chiefs are desperate to appoint Wenger’s successor before the World Cup starts next month.