The Daily Mail reports that the Gunners are keen to bring in Hernandez due to fears over the workload of Olivier Giroud.
The Gunners are short of striking options and are desperate to bring in a new striker in January.
Liverpool striker Luis Suarez remains Arsenal boss Arsene Wenger’s dream signing, but Hernandez is seen as a good alternative.
Hernandez could be interested in a move to the Emirates Stadium due to the lack of game time at Old Trafford.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.