Former Arsenal players Matteo Guendouzi and Konstantinos Mavropanos will net them funds this summer.
The Gunners are set to earn around 4 million from the two flops, as they turn around their careers.
Stuttgart are ready to accept 20 million for Mavropanos, while Guendouzi is likely to leave Marseille before the transfer window closes.
Marseille are asking for 12.7 million, while Italian side Lazio are thought to be engaged in talks.
If both players are sold at the reported fees, Arsenal would get a significant windfall.
The club would be able to use that money towards new signings for manager Mikel Arteta.
