The Premier League duo have both been monitoring the 21-year-old of late, following his impressive start to life in Serie A.
The Brazilian has been a key part of the Italian minnows’ rise to toward the upper echelons of the top tier, weighing in with three goals.
Now, his representatives are believed to have met with the Gunners to thrash out a January deal.
The youngster is thought to be keen to make a big move to England, while Arsene Wenger is open to securing winter additions.
He sees the South American as a solid investment, and is thought to be willing to match Verona’s £10m valuation.
Jorginho – who was born in Brazil – moved to Italy as a youngster and has represented the nation at U-21 level.
Liverpool remain keen, but are unable to offer the playmaker Champions League football.
Fiorentina are also keen, while Serie A champions Juventus have also been linked with a move for his services.
Jorginho has made eight top tier appearances for Verona this season.
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