Italian daily Corriere dello Sport reckon the Gunners are eyeing the talented forward.
It’s suggested they could be ready to offer up Aaron Ramsey in a bid to get a deal done.
Schick is regarded as a hot prospect in Serie A.
The 22-year-old was snapped up from Sampdoria in 2017 and is slowly establishing himself as a first-team regular in the eternal city.
Schick’s record isn’t prolific, but he could fill the target man void left by Olivier Giroud in Arsneal’s squad.
The Czech international bagged two goals in 22 games for Roma last term.
Using Ramsey as bait to land Schick makes sense for Arsenal bigwigs.
He’s available on a free transfer at the end of the season.
But the Gunners can be savvy and get some value from him by parting company in January.
Unai Emery desperately needs to bolster his attacking options in the New Year following Danny Welbeck’s horror injury in midweek.
The England international suffered what appeared to be an ankle break in the Gunners’ 0-0 Europa League clash with Sporting Lisbon on Thursday.
He was given oxygen before being carried off on a stretcher and replaced by Pierre-Emerick Aubameyang.
“This is the worst news tonight it’s clear he was playing well and had chances,” Emery said after the match.
“When one player suffers an injury like that the mind thinks of the player first.
“I think the players were concentrated for the match but when we finished the first thing was to ask about him [Welbeck].
“He’s a very good person. He has a big commitment to us. This injury is very big for him and us.”
The Gunners have also been linked with Barcelona star Malcom.
He only moved to Barcelona from Bordeaux in July but is having a tough time at the Nou Camp.
Reports last month suggested Arsenal – and Tottenham – could reignite their interest if Ernesto Valverde decides to cut his losses.
Catalan daily Mundo Deportivo have claimed that Malcom is keen to pack his bags if things don’t improve.
It’s suggested the 21-year-old has held crunch talks about his lack of competitive action.