The 28-year-old has struggled to force his way into Arsene Wenger’s team following his £17m move in 2016.
And to add insult to injury his number 9 shirt was handed to new signing Alexandre Lacazette this season.
It led many to believe the Spaniard was on his way out of the Emirates Stadium.
And there now appears to be a long line of suitors according to PA reporter Mark Mann-Bryers.
He tweeted: “Bids from as many as 7 clubs gone in for LP - Depor & Newcastle as well as Everton, Bayer Leverkusen, Valencia, Levante & Galatasaray. #AFC”
And video of him in action shows why so many sides are keen.
He scored this sensational hat-trick against Basel in last year’s Champions League for the Gunners.
His goals shows his poaching instincts as well as his striking skills.
Rafa Benitez has previously hinted Newcastle are hoping to make a deal to bring the former Deportivo man to St James’ Park.
It comes as Arsenal youngster Reiss Nelson scored a stunning goal for the club's reserves last night (August 21).
