Arveladze has admitted the club want to sign Salah from Arsenal.
He told Hull Daily Mail: "This is true, like we've been saying. [The deals are] at different stages.
"We have to agree on everything to make a deal.
“It may be that something is 50/50 or 80/20 and things can change in the space of a day.
"But these are the right names that we're looking for, and we'll have to see if it works."