Kolasinac has struggled for playing time so far this season as he has been behind Kieran Tierney in the pecking order at Arsenal.
The Bosnian was linked with a move to German Bundeslisiga side Bayern Leverkusen last summer, however the move failed to go through at the end.
His former side Shalke 04 however is keen to bring the Bosnian back to the club and has offered to take him on loan with an option to buy at the end of the loan.
Arsenal are so keen to let go of Kolasinac and talks has already taken place between the both clubs.
According to reports from @FabrizioRomano the deal is expected to be wrapped up as early as next week as Kolasinac is very open to a move back to Germany in other to enjoy more playing opportunities.
Arsenal are set to show a number of fringe players an exit door this coming window, with players like Sokratis Papastathopoulos, Shkodran Mustafi, Callum Chambers and Saed Kolasinac all falling in this category.
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