Nara has been vocal about Icardi's situation at Inter, claiming he is underpaid and that he could get a better deal elsewhere.
And Italian outlet Calciomercato claim she has now met with Arsenal to discuss a £42million move for the striker.
The report claims both parties expressed their mutual interest in a possible summer transfer, with Arsenal offering the 23-year-old a deal worth £5.8m per year.
We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy
But they appear to have been priced-out of a deal for Higuain and have lined up Inter Milan's Icardi instead.
Icardi impressed in Italy last season, scoring 16 Serie A goals for Roberto Mancini's side.
The striker has one cap for Argentina and was named in Gerardo Martino's preliminary Olympic squad for Rio 2016, but he missed out on the final 18.