The 31-year-old made just 16 appearances in all competitions under Antonio Conte this season.
The news outlet further reports that the Blues have snubbed the Gunners’ proposal, adding that Arsenal are yet to table a second offer for Luiz.
Should the Gunners land Luiz, the Brazil centre-back would become Unai Emery’s second summer signing.
New Gunners boss, Emery, who was named as Arsene Wenger’s successor last month, has been vocal on Arsenal’s transfer plans, with the 47-year-old revealing he plans to develop the current squad.
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