The Gunners are expected to pursue a new striker this summer amid their struggles upfront in the Premier League.
Kai Havertz has done a decent job as the main centre-forward, but Bild claim that Arsenal may want an upgrade upfront.
Meanwhile, Liverpool are also expected to enter the transfer market for a new striker ahead of the 2025/26 season.
Darwin Nunez and Diogo Jota have been unconvincing leading the line and one of them could be sold this summer.
Bild now claim that both clubs have expressed an interest in signing Sesko, who could be available for an initial £60m.
Sesko has a gentleman's agreement to leave for the reported figure, but the price could increase in case of a bidding battle.
Leipzig are hoping to secure as much as £86m for the striker, who has netted 19 goals in all competitions this term.