The 32-year-old has two more years remaining on his contract with the Gunners, having put pen to paper on a new deal with the club last summer.
However, the north London giants are now willing to listen to offers for him despite pulling out all the stops to convince him to pen the new deal.
Aubameyang remains a key part of Mikel Arteta’s plans for the season, but is no longer considered an indispensable player.
With the former Borussia Dortmund star not considered indispensable, Arsenal are open to offers for him in the final eight days of the window.
The Gunners are looking to raise funds for further transfers before the transfer window slams shut and are prepared to part ways with the club captain.
Barcelona have been credited with an interest in signing Aubameyang this summer, but his wage demands could prove to be a sticking point.
Aubameyang earns around £250,000-a-week at Arsenal and his salary demands are likely to be problematic for potential suitors.