Arsenal are considering a free transfer move for Nemanja Pejcinovic after the Serbian centre-back decided against signing a new contract with Nice.
The Daily Express reports how the 26-year-old holds ambitions of playing in the Champions League, which prompted his exit from the Allianz Riviera at the end of 2013/14.
Gunners boss Arsene Wenger is on the lookout for defensive cover and believes that Pejcinovic represents a value-for-money addition this summer.
With Per Mertesacker and Laurent Koscielny currently Wenger's first-choice pairing at the heart of Arsenal's back four, there have been some question marks surrounding the future of Thomas Vermaelen in north London.
If the Belgian captain decides to depart the Emirates Stadium this summer then Pejcinovic could come in as a like-for-like replacement for the Gunners fans' favourite.
"My current ambitions are currently higher than what Nice can offer me today," confirmed the former Red Star Belgrade and Hertha Berlin loanee. "I know Nice can improve but right now I have to think about myself and my family.
"I have always wanted to play in the Champions League or at least in some other European competition. It is a dream I have had since I was little. I now have the opportunity to do so."
AS Monaco have also been credited with an interest in the Ligue 1 stopper and could rival Arsenal for the player's signature. However, the opportunity to play in the Premier League might help sway Pejcinovic's decision.