Mikel Arteta has been told to offload Shkodran Mustafi and Henrikh Mkhitaryan in a bid to finance a new deal for Pierre-Emerick Aubameyang.
The Arsenal hotshot is approaching the final 12 months of his contract at the Emirates and has so far stalled on signing an extension.
Aubameyang has smashed 61 goals in 97 games for the Gunners but the club could be forced to sell this summer rather than risk losing him for nothing.
However, Charlie Nicholas has suggested his former club should cash in on Mustafi and Mkhitaryan to raise funds.
"Mikel Arteta wants five or six out and he wants that money to rebuild. If nothing more is in the pot, sell to rebuild," Sky Sports pundit Nicholas told Sporting Life.
"If you are doing that as a financial package, you are not buying to replace Aubameyang. You can get rid of Shkodran Mustafi and Henrikh Mkhitaryan, who has been out on loan. This will all help to filter through, so there are easy things to do.
"My preference would be to offer Aubameyang what he wants. Everyone will flag up his wages.
"Give him what he wants, get rid of dead wood, you have the kids, and it would not cost £200m to challenge for the top four once more.
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