The Gunners are long-term admirers of the Nigeria international – who went on loan to Galatasaray last month after failing to agree a Premier League or Saudi switch.
There is a break clause in the season-long loan which allows Osimhen to join a third club in January.
Napoli director Mauro Meluso has recently revealed the Turkey loan was a “last-minute solution so he would not lose the first three months of the season”.
“We will see in January,” he added – opening the door to a potential swoop from his long-term admirers.
Arsenal to decline chance at blockbuster Osimhen deal in January
Financial Fair Play and Profit and Sustainability Rules (PSR) are still a concern for the Stamford Bridge club.
Arsenal are also set to decline the chance to bring Osimhen to the Emirates Stadium – meaning it is likely the saga over his long-term future is set to run until next summer.
The Gunners had lined up a striker signing in the most recent window but failed to land their top targets.
Arsenal
Kai Havertz has starred as their first-choice forward so far in the 2024-25 campaign, scoring six and assisting one in 10 appearances.
Arsenal did strengthen their attack late in the window, bringing Raheem Sterling to the club from Chelsea on a season-long loan.
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