Pierre-Emerick Aubameyang is wanted by Arsenal. (Getty Images)

Arsenal want to sign Pierre-Emerick Aubameyang from Borussia Dortmund as Alexis Sanchez’s replacement, according to reports in Germany.

Sanchez is on the verge of joining Manchester United in a £30million deal which could be announced this week.

The Chilean was expected to move to Manchester City but Jose Mourinho’s side are ready to make the 29-year-old the highest-paid player in the Premier League with a £400,000-a-week contract.

City have now pulled out of the race for the forward as they are unwilling to match United’s offer.

Arsenal, meanwhile, are stepping up their efforts to sign a replacement for Sanchez.

Aubameyang was suspended by Dortmund on Sunday for missing a team meeting. (AP Photo)

And according to Bild, Arsenal are working on a deal to sign Aubameyang before the end of the January transfer window.

The 28-year-old was suspended by Dortmund for the goalless draw against Wolfsburg on Sunday because of a disciplinary offence.

The Gabon international missed a team meeting on Saturday and has been slammed by his club for his conduct.

‘We simply cannot tolerate this kind of behaviour,’ said Dortmund’s sporting director Michael Zorc.

‘I don’t know what’s going on in his head right now. He has always been a professional. I don’t want to take part in media speculation, but we can’t continue like this anymore.’

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Dortmund were open to selling Aubameyang in the summer if they received a €60million (£53m) offer.

The striker, who has scored 21 goals in 23 games this season, has already rejected the chance to join a club in the Chinese Super League this month.

Arsenal are also closing in on a deal to sign Brazilian winger Malcom from Bordeaux.