Bayern Munich chief-executive Karl-Heinz Rummenigge says the club will consider a move for Arsenal target Marco Reus.
The Borussia Monchengladbach striker has scored 10 goals in 16 league games this season and has attracted interest from the likes of Manchester City.
Arsenal are also said to be considering a move, but according to Rummenigge can expect competition from Bayern.
"He is definitely an interesting option. I've been told that he has a release clause of £16m, though," Rummenigge told TZ.
"That's no pocket change for us. However, Bayern will internally discuss this matter and see what's possible."
Arsenal have been warned of making a move for Reus by his manager Lucien Favre, while league rivals City have also been looking at the youngster, according to technical director Mike Rigg.
A move for Reus from Arsenal is more likely if the club part with Marouane Chamakh next summer, with the Moroccan's opportunities having been limited of late.