The Uruguay international’s future with the Ligue 1 champions has been plunged into doubt of late after he failed to report on time for the club’s winter training camp in Morocco.
Cavani is understood to be unlikely to move on this month, but a switch at the end of the season is seen as an option.
Arsenal, United and Liverpool are believed to be on red alert, as well as club’s in Italy and Spain, with the former Napoli man one of European football’s most highly-rated marksmen.
And reports suggest that Cavani is well aware of the Gunners’ interest, which is very appealing to him.
In fact, north London is his favoured destination, which could allow Arsene Wenger to beat Louis van Gaal to the South American.