Chelsea and Manchester City could also be keen on the Barcelona star.
Barcelona midfielder Cesc Fabregas will consider a return to the Premier League this summer, according to The Telegraph.
The 27-year-old ex-Arsenal captain, who left England’s top flight in August 2011, has just over two years left to run on his current contract at the Camp Nou.
However, he is likely to be offloaded this summer, as the Catalan giants look to raise some funds.
The Gunners will be probably be keen on bringing Fabregas back to the Emirates Stadium.
Arsenal boss Arsene Wenger has previously said that the 87-time Spain international will one day return to the North London club.
A clause in Fabregas’ contract means that Arsenal can re-sign him for £25m if the player informs the La Liga side that he wants to rejoin the Gunners.
Arsenal will face stiff competition if they do move for their former skipper.
Manchester United twice bid for Fabregas last summer and, following their worst ever Premier League season, the Reds Devils would really benefit from a player of his ilk.
Chelsea are also said to be interested in Fabregas and the Blues could be willing to offer Brazilian defender David Luiz in part-exchange.
Meanwhile, Manchester City may enter the race if unsettled midfielder Yaya Toure leaves the Etihad Stadium.