Football.London says Arsenal boss Mikel Arteta and technical director Edu are in agreement over the sale of Nketiah.
Crystal Palace are watching developments and are willing to pay 30m to keep Nketiah in London.
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Arteta accepts he must oversee several sales this summer to bring in the additions he is prioritising.
As such, Aaron Ramsdale, Emile Smith Rowe and Leandro Trossard could also be moved on.