The England international has just one year left on his deal and is thought to be valued at around £20m by the Gunners.
Transfer news: Toffees eying Arsenal star
Arsenal could be set to part with Danny Welbeck this summer.
According to The Mirror, Welbeck has been targeted by Everton, who are keen to bolster their frontline.
The Toffees are yet to make a senior addition to their team so far, with only three weeks left until the transfer window shuts on August 9th.
Top scorer from last term, Wayne Rooney has departed for DC United, but Marco Silva believes Welbeck’s creativity and commitment will see his side become a threat this season.
Welbeck could leave Arsenal this summer
Welbeck went to the World Cup with England this summer, but was only able to feature off the bench against Belgium.
The 27 year-old has endured a volatile period in north London following two serious knee injuries since arriving from Manchester United in 2014.