And Gunners striker Olivier Giroud may have the biggest say in whether the deal is completed.
The likes of Andy Carroll, Peter Crouch, Christian Benteke and Edin Dzeko have all been linked with moves to Stamford Bridge this month, but any deal has failed to materialise.
Dortmund have been keen to stress that they will only sanction Aubameyang's departure once his replacement has been signed.
France worldwide Giroud, 31, was lined up to be that player, but he would rather remain in London.
Dortmund sporting director Michael Zorc confirmed on Saturday that they could sell Aubameyang to Arsenal as long as we put forward a suitable offer as the clubs continued negotiations.
In turn, Chelsea would take Giroud from their London neighbours.
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With her captivating beauty, Zeenat Aman was also felicitated with beauty pageant titles like Femina Miss India Asia Pacific 1970. Zeenat Aman made an appearance along with Hema Malini at Karan Johar's chat show Koffee with Karan .
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Couple contracts parasites walking barefoot on Caribbean beach
While the pair are now relying on crutches to get around, Mr Zytner said last Friday that their recovery has shown progress. Stephens' mother had to drive over the Canadian-US border to Detroit in order to pick up the ivermectin they needed.
In that time, Batshuayi has scored 10 goals, but it has become evident that the 24-year-old does not fit into the coach's plans for Chelsea. Arsenal will also be open to a deal to offload Giroud, should Aubameyang comes.
Michy is okay with the BVB option and they're okay with selling Aubameyang and gettin Batshuayi instead (unclear if this is a permanent move or just a loan - hopefully the latter, but a sale with a buyback is fine by me as well).
Chelsea are prepared to move for Tottenham striker Fernando Llorente this week. With little chance of him being able to dislodge Spurs' main striker Harry Kane - the Premier League's top scorer - he rejected the approach.
Chelsea and their search for a striker has lead them to rivals Arsenal, with the Blues now pondering over a January move for the unsettled Olivier Giroud.
That would leave Giroud third in Arsene Wenger's pecking order behind the Gabon star and Alexandre Lacazette.
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