St Etienne chief Damien Comolli was back at Arsenal last month.
French sources say Comolli took in a Champions League tie and also met with Gunners officials to discuss transfer strategies.
Les Verts boast several players that interest Arsenal boss Arsene Wenger, including Mouhamadou Dabo, Bafetimbi Gomis, Loic Perrin and Blaise Matuidi.