Arsenal are prepared to listen to offers for Henrik Mkhitaryan.

The Mirror says the Gunners are keen to offload the midfielder as well as Mesut Ozil this summer as they try to reduce their huge wage bill.

Attacking midfielder Mkhitaryan is one of Arsenal's highest earners on £180,000 per week, and only arrived last January. But, as with £350,000 a week World Cup winner Ozil, new boss Unai Emery believes Mkhitaryan's salary could be better spent elsewhere as he bids to reshape his squad.

Arsenal's finances are strained with their wage bill, in particular, inflated.

Emery was restricted to loan signings in the January window and could start the summer with a transfer budget of just £45million if Arsenal fail to qualify for next season's Champions League either with a top-four finish or as Europa League winners.