The 27-year-old refused to hold contract talks with the north London based club for a second time last week and wants to wait until the end of Euro 2016 before discussing his future.
The Sun newspaper states that Ozil is being targeted by Bayern Munich who are monitoring the Germany international’s situation.
Ozil was voted Arsenal player of the season and not only provided the most assists in the league (19) but also shattered the record for chances created (146).
The former Real Madrid man just missed out on breaking the all time record for setting up the most goals in a single Premier League season currently held by Thierry Henry (20).
Ozil is currently with the German national team preparing for the European Championships.