Arsenal news: Bournemouth star Ryan Fraser is at the top of their wishlist
Football London add that Leandro Trossard of Genk and Boca Juniors ace Cristian Pavon are also on Arsenal’s wishlist.
However, it’s claimed the Gunners will not commit to anything until they know their budget for the summer window.
Emery will have more of an idea of his budget once the Champions League spots are decided in the Premier League.
Fraser, 25, has been sensational for Bournemouth this season under Howe.
Arsenal news: Bournemouth star Ryan Fraser is a target (Image: GETTY)
Premier League: Tottenham will finish above Arsenal says pundit
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The winger has netted seven goals and chipped in with 10 assists in all competitions for the Cherries.
Bournemouth boss Howe has been full of praise for Fraser this season, claiming the Scot is just getting started.
"He has always been a player of real creativity and the ability to play a very good final pass - it is a real strength," Howe said.
"You can have players who look brilliant and have great games but when you analyse their game afterwards you say ‘what did you do, where is the product?’
Arsenal news: Boca Juniors ace Cristian Pavon could join (Image: GETTY)
"Ryan is the opposite of that. He will produce, whether it is goals, final passes, crosses, set-plays and those numbers are really impressive this season.
"Hopefully, in terms of numbers, it is breakthrough season but, hopefully, there are many more to come."
Arsenal are back in action on Sunday afternoon, with Emery’s side travelling to Everton in the Premier League.