Arsenal are ready to sell Nicklas Bendtner to AC Milan in a move that will see Philippe Mexes switch to the Gunners, Mirror Football report.
The Danish striker spent last season on loan at Sunderland, and with the summer signings of Olivier Giroud and Lukas Podolski at the Emirates Stadium, is unwanted by Arsene Wenger.
The Rossoneri are looking for a new centre forward after selling Zlatan Ibrahimovic to Paris Saint-Germain, and have identified the Scandinavian as an affordable option.
Mexes meanwhile is said to have had a disagreement with the San Siro club, and withdrew from their pre-season tour of the United States as a consequence.
With Mexes and Bendtner both looking destined to play their football elsewhere in 2012-13, reports in Italy have suggested that Arsenal and Milan will undertake a swap deal.
By Gareth McKnight