It is believed Arsenal and Wolves are both interested in the big German international.
According to the Mirror, both clubs are keen to try and get a deal done for a player deemed surplus to requirements by Juventus.
It has apparently been left it up to Khedira to decide whether he wants to move to the Emirates or Molineux.
Turkish side Fenerbahce, as well as the MLS, offer the possibility of a lucrative move has not been ruled out.
The German World Cup winner is believed to prefer a switch to the Premier League.
With club captain Laurent Koscienly wanting out of Arsenal, they are in the market for a replacement.
With the amount of money they have already spent on Nicolas Pepe, and what they have committed in a possible deal for Kieran Tierney.
The money will definitely be a factor for any more business Unai Emery wants to conduct.
Emery expects his French skipper to leave, but would be willing to let him stay too, saying:
“Now it is between the club and him. I fight to convince him, but I respect his decision, a very personal decision.”
“I haven’t lost my hope that he will be with us next year. But at the moment his decision is to leave.”
He confirmed, while he is happy with his defense, he is on the lookout for reinforcements that would improve his side.
“We are speaking about the centre-backs, but we have a lot of centre-backs, we have good centre-backs.”
“If we can sign one more centre-back, it is because he is clearly better than we have.”
The former Real Madrid man would be a world-class acquisition for any team. At 32 Years of age, he should be available at a real steal.
Exactly what Emery and Arsenal are looking for.