The 23-year-old attacker has managed only 245 minutes of action across all competitions as he recently endured another setback due to a knee injury.
The Gunners are keen to hold the midfielder beyond the summer but Smith Rowe is currently unhappy with his role at the Emirates.
He has struggled for starts this season and injuries haven’t helped his case, with the England international attracting interest from Aston Villa and West Ham.
Hammers are reportedly frontrunners to sign the midfielder on loan according to transfer pundit Fabrizio Romano.
“Yes, this is a concrete possibility to see Emile Smith Rowe being approached by clubs in the next days and weeks because it already happened last week with West Ham,” he told CaughtOffside.
“For example, West Ham tried to make a deal happen on loan for Smith Rowe, not even a buy-option clause included and Arsenal are never going to accept that.
“It’s also about the financial fair play. If you sell a player like Smith Rowe, you can have maybe space to bring in a new, important player for your squad. If you send him on loan, it makes no sense. Mikel Arteta is also happy with the player, so they’re not desperate to let him go and he’s also very happy at Arsenal.”
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