The Italy international has fallen out of favour at the Juventus Stadium, with Mirko Vucinic, Fabio Quagliarella and Sebastian Giovinco ahed of Matri in the pecking order. And Gunners boss Arsene Wenger is reportedly weighing up a move for the 28-year-old.
Matri played a key role as Juventus romped to the Serie 'A' title in spectacular fashion last season - ending the entire campaign unbeaten - but the frontman has struggled to nail down a first-team berth this year, managing just two league starts.
Matri began his career at AC Milan, but failed to make the breakthrough into the first-team. A number of loans to lower league clubs followed, before Matri found his feet at Cagliari.
After making his name with the Sardinian side, the Italian forward was rewarded with a big-money to Juventus, but after a bright start, the Italy striker has struggled to establish a regular starting place.
Arsenal signed Lukas Podolski and Olivier Giroud this summer, but lost their top scorer and goalscoring talisman Robin Van Persie to Manchester United.
So Arsene Wenger has been linked with a move for a number of strikers in recent weeks, ahead of the January transfer window. Giroud initally struggled to settle at Arsenal, but his form has improved in the last six weeks. Still, the Gunners have looked short of goals up front - Theo Walcott is the club's top scorer and he's played most of his minutes out wide.
Matri would be available at the right price - Juventus are believed to value the forward at £7m - but may have to be convinced to swap Italy for the Premier League.