New Schalke coach David Wagner fancies returning to the Premier League for a raid on Arsenal.
BILD says Wagner wants to bring back former S04 star Sead Kolasinac from the Gunners this summer.
The new S04 coach has dubbed Kolasinac a "dream candidate" to strengthen his squad and has discussed the left-back with club chief Clemens Tonnies.
Kolasinac left Schalke two years ago for Arsenal and has a contract to 2022.
It's understood Tonnies would need Arsenal to sell below market rate to satisfy Wagner's demands.