Arsenal will allow Mikel Arteta's contract to run down and are actively looking to replace him in the transfer market, reports Goal.
Arteta's current contract is set to expire next summer but he has yet to be offered fresh terms despite a number of his team mates receiving such offers.
It is now believed that Arsene Wenger has decided against offering the Spaniard a new deal and will allow his contract to run down before releasing him next summer.
The Spaniard, 32, has appeared in the majority of Arsenal's games this season, starting 20 Premier League games but has failed to impress against top class opposition. Injuries to Aaron Ramsey and Jack Wilshere have helped him keep his place in team amid a spell of inconsistent form.
This summer could see Arteta fall well down the pecking order at the Emirates Stadium as Wenger enters the transfer window with a £100m budget and his eyes on at least one established central midfielder. The vice-captain's experience has been valuable to the Arsenal team at times this season but Wenger is looking for fresh legs as he bids to challenge for major honours next season.
Reports of Arteta's impending exit comes as a result of a number of his Arsenal team mates receiving fresh terms in recent weeks. The likes of Santi Cazorla, 29, Per Mertesacker, 29, and Tomas Rosicky, 33, have all been offered new contracts despite their advancing years. Wenger is also attempting to tie Bacary Sagna, 31, down to a new contract with his current deal set to expire this summer.
Sagna is holding out for a three-year deal worth around £90,000-a-week and looks set to leave the Emirates this summer as Arsenal are only willing to pay him £75,000-a-week over two years.
Unlike Sagna, Arteta is unlikely to leave this summer but faces seeing out his contract at Arsenal as a bit-part player in the squad if, as expected, Wenger completes the signing of an established, international midfielder in the summer.