The Turkish Super Lig broadcaster have stated that the transfer will be announced shortly after Galatasaray struck a deal with both Podolski and the North London based side.
Galatasaray have been pursuing Podolski for the past four seasons and made an offer for the 30-year-old striker in January but he opted to join Inter Milan on loan. Podolski had an unsuccessful spell with the Serie A giants scoring just one league goal.
Inter decided not activate Podolski’s buy-out clause and the Germany international returned to Arsenal where he will decide his future.
Podolski is unlikely to stay at Arsenal after falling out of favour with Gunners boss Arsene Wenger.
The experienced striker won the World Cup with Germany last season and wants regular first team football to keep his place in the national team side.