AS says with the French winger currently rocked by his tenth major injury since joining the Bluagrana, the LaLiga side appear ready to cut their losses on him.
It has been stated that the forward has been valued at around £70m, with the player said to be willing to make the move to England.
But they state that both the Gunners and Reds are unsure about forking out that much to prise the player away from Catalonia.
The report also adds that club chiefs have been openly discussing the idea of selling Dembele, with the player a topic of jokes for Barca executives.
They even claim that an unnamed official jokingly asked a club doctor when the 2018 World Cup winner would be fit again.
And that once the doctor passed him fit to play, Dembele would instantly find himself on the transfer list.