The 31-year-old recently announced that he will leave the German giants once his contract expires at the end of the season after eight years with the club.
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Following Mikel Merino’s season-ending injury, it was heavily reported that Arsenal were on the lookout for a replacement should a suitable candidate emerge.
According to the Daily Mail, Mikel Arteta’s side made a late move to sign Goretzka, but it didn’t materialise.
Arsenal’s interest in the midfielder could be reignited once he becomes a free agent.