Arsene Wenger sees the Kop star as the man to solve his problem position. And the Gunners boss is prepared to go up to £25m to land the Spaniard.
But Wenger knows he faces a massive battle to lure one of Liverpool's prize assets away from Anfield. He had been eyeing Fulham's Mark Schwarzer but the chance of getting Reina, 27, is far more mouth-watering.
Reina, a £6million buy from Villarreal five years ago, signed a new six-year deal at Liverpool in April.
He missed Thursday's Europa League win over Rabotnicki after only returning to training on Monday - together with the rest of the club's Spanish and Dutch World Cup stars.
Wenger is desperate to sign a top keeper after both Manuel Almunia and Lukasz Fabianski copped a stream of criticism for a series of clangers over the past 12 months.
But Liverpool insist they do not want - or need - to sell any of their big stars. And the prospect of new ownership bringing a huge cash injection to Anfield leaves Wenger with a major fight on his hands.
This is pretty shocking.
But I doubt Liverpool will sell...!
if he wants to move there is nothing liverpool can do.
i also doubt whether arsenal bid is true.
i never heard arsenal bid in excess over 20million for a player.
or did arsenal ever done that before??
i don't believe in this report.