The Daily Star reports that the Gunners are ready to make a move to Moses, if Theo Walcott refuses to sign a new long-term contract with the club.
Moses is one of the Premier League’s hottest properties and is expected to leave Wigan this summer.
Chelsea have already had two bids for the winger rejected as Wigan chairman Dave Whelan wants £12million for Moses.
New Liverpool boss Brendan Rodgers is also keen on signing the highly-rated winger.
