Southampton midfielder has for long being with a move to the Emirates.The Metro reports Arsenal are ready to table a 35 million bid.
If schneiderlin joins he will be the fourth player to move away from St marys following the footsteps of Walcott, Chamberlain and Chambers.
Schneiderlin addition could be a great boost to Arsenal title ambitions next season as this would provide the depth needed.
Elsewhere Arsene wenger played down the rumours linking Aaron ramsey to a move to Camp ou and termed them as not serious.