The Bosnian left-back fell behind Kieran Tierney in the pecking order at the Emirates during the first half of the 2020-21 season, and he rejoined former club Schalke 04 on loan for the remainder of the campaign.
Kolasinac scored one goal and assisted another in 17 Bundesliga appearances but could not save Schalke from a bottom-placed finish, and his future remains increasingly uncertain as he prepares to return to Arsenal.
According to football.london, there is a growing expectation that Kolasinac will seek pastures new this summer, with Lazio and Fenerbahce - where his close friend Mesut Ozil now plays - both interested in a permanent move.
Kolasinac has scored five goals and set up 15 more during his four-year spell at Arsenal, making 113 appearances in total and winning one FA Cup. body check tags ::