Despite Arsenal poor performance in all competitions this season, Aubameyang is still scoring goals for the Gunners in the Premier League.
Although his current contract at Arsenal remains 18 months, but the Gunners’ chief want to thigh him down for a long term contract which the African striker has rejected.
According to the report on UK Mirror, Pierre Aubameyang is deeply frustrated with the club going backwards and wants to win trophies.
`Last season, he steered Arsenal to the final of the Europa League, but the Gunners suffered an embarrassing defeat against Chelsea.
Arsenal chiefs are also reported to be aware that Aubameyang is not happy at the club which prompted them to give him the captain armband.
But the former Borussia Dortmund striker wants to win trophies and be playing in the Champions League.
Arsenal sit 10th on the Premier League table after their loss to Brighton on Thursday night in Freddie Ljungberg’s first home game as interim manager.
The Gunners have won just four of 15 League games this term and the North London side are now looking for a permanent manager.