The Caen striker will reportedly join The Gunners on a four-year deal but return to the French club on loan for the coming season.
Gouffran was the Ligue 2 Player of the Year last term as his 15 goals helped fire Caen back into France's top-flight.
The highly-rated attacker was close to joining Auxerre last summer, while Chelsea and Valencia are admirers of the 21-year-old.
Paris Saint Germain could rival Arsenal for Gouffran's signature but reports suggest Arsene Wenger will land the starlet.
Gouffran is believed to be costing Arsenal in the region of €3million (£2million).
Arsenal are also edging closer to completing the capture of another French ace in Auxerre's Bakari Sagna.
Is this Arsene Wenger new Henry ???
IN ARSENE I TRUST
