The New York Red Bulls striker could make his debut in the Gunners' FA Cup clash against Swansea on January 6 with talks between the two clubs reportedly at an advanced stage.
It would be his third spell at Arsenal following a similar loan arrangement in January of this year.
Under-fire Gunners boss Arsene Wenger hopes to keep the 35-year-old forward until the end of the English season in May, but his parent club are keen to have him back by the start of the US season in March, according to the Daily Mail.
Source: AFP
Source: AFP