Arsenal are understood to be close to signing Dynamo Moscow striker Aleksandr Kokorin.

Russian publication Izvestia is reporting Kokorin will leave Dynamo during the summer, with the club unable to meet his wage demands due to the financial difficulties they are currently suffering.

The Russian outfit are hoping to cash in on the 24-year-old before he departs on a free transfer however, with Arsenal reportedly considering a £4.3million bid to poach Kokorin during the January transfer window.

Russian international Kokorin has scored four goals in eight matches this campaign.