Arsenal are prepared to let Lukas Podolski leave the club for nothing this summer in an attempt to get him off of the wage bill, reports The Sun.
The Germany international was on the fringes of Arsene Wenger's squad in the first half of the season and was loaned out to Inter Milan in the January transfer window.
Wenger would have hoped to see Podolski impress Roberto Mancini and convince him to make the arrangement a permanent one.
However, the striker has done anything but impress at the San Siro and is expected to return to north London in the summer.
That does not mean that Podolski will be back in the Arsenal squad next summer as Wenger is preparing to offload the man he paid £11million to sign from Cologne in 2012.
Commanding a wage of £100,000-a-week, Wenger knows that he will struggle to find a buyer for the 29-year-old.
As a result, Wenger is prepared to forgo a transfer fee in order to help get him off of the books.
But with Podolski's stock falling to record lows, there is a good chance that the only clubs interested in signing him will not be able to afford his huge wages.
Similarly, Podolski would probably prefer to hang around the Emirates until the end of his contract rather than take a significant pay cut.
Newcastle, West Brom and Sunderland are three Premier League clubs interested in signing Podolski while there is also likely to be interest from the Bundesliga.
A return to Cologne, his hometown club, appears most likely.