According to Sky Sports, Arsenal are willing to let Alexandre Lacazette, Ainsley Maitland-Niles, and Reiss Nelson depart this summer.
Joe Willock's future with the Gunners is also uncertain, since the club has yet to decide whether or not he will play.
Lacazette's contract is set to expire in a year, and there are no talks about a new deal underway or planned.
If no viable offers come in during this transfer window, the 30-year-old will be permitted to go as a free agent in 2022.
Arsenal paid roughly £47 million for Lacazette four years ago, and they are unlikely to earn anything close to that now. With his weekly compensation rumored to be about £180,000, the club is eager to remove him off the books and make room on the wage bill for new players.
Both Maitland-Niles and Nelson are regarded surplus to requirements, and bids for both players will be reviewed.
Willock, who spent last season at Newcastle United on loan, appears to have convinced Mikel Arteta to give him another chance.
The 21-year-old scored eight goals in 14 games in the second half of the last campaign, netting in each of the last six league matches for the Magpies
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