Ivory Coast winger Nicolas Pepe's Arsenal contract could be canceled this month.

The attacker, who was the club's record signing until this summer's purchase of Declan Rice, is not a part of the team's plans.

Manager Milkel Arteta wants to cash in on Pepe, but there have been no suitors as yet.

Per Transfermrkt, the ex-record signing will be leaving on a free transfer this summer.

Pepe still has a year to run on his deal, but Arsenal have been unable to get any club to pay a fee for him.

Instead, they will let him move on and find a new team, provided he agrees to cancel his contract.