Arsenal are reportedly on the verge of offering new deals to attacking midfielder Mesut Ozil and defender Nacho Monreal.

The Mirror is reporting Gunners boss Arsene Wenger is undertaking a review of first team contracts at the Emirates Stadium and Ozil and Monreal could be in line to benefit with upgraded deals.

Theo Walcott and Olivier Giroud already signed new contracts with Arsenal during the summer, while it is understood a new three-year deal has already been offered to Monreal.

Ozil is already the highest paid player on Arsenal's books, but it is believed the North London club are willing to increase his salary in order to keep the 26-year-old World Cup winner at the club well into his thirties with Turkish giants Fenerbahce continuing to show significant interest.