The Gunners are pushing for their first Premier League title since the Invincibles’ triumph in 2004 as they currently sit top of the table.
However, the North Londoners are always keeping an eye on the summer market as manager Mikel Arteta‘s rebuild continues.
And according to The Star, Arteta is planning on some major transfer business come June.
The Spanish tactician is looking to reshape his ranks and the club is keen on adding Gibbs-White, 24, to the squad.
This comes amid reports suggesting Emile Smith Rowe could be on his way out of the Emirates.
And Forest‘s playmaker is seen as the perfect replacement for Smith Rowe if the academy graduate decides to go after a different challenge.
The same source claims Nottingham are weighing up cashing in on their star man.
This comes after the Tricky Trees were hit with a four-point deduction for breaching Profit and Sustainability Rules.
And thus player departures are on the cards as Forest look to balance the books.
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Gibbs-White is currently fully focused on Nuno Espirito Santo’s side amid another intense relegation scrap.
The recent points deduction has seen Forest plummet to the drop zone in 18th place.
The attacking midfielder joined Evangelos Marinakis’ club in 2022 following a record £44.5million deal with Wolves.
The former England youth international has since justified his price with a total of 71 appearances in the last two seasons.