The Gunners are being heavily linked with the Crystal Palace star with reports on Monday suggesting that a £40m bid is set to be launched.
The 26-year-old is understood to want to stay in London and play European football, with boyhood club Arsenal his favoured destination.
Palace though do not want to sell Zaha and value him at £80m anyway, double what Arsenal are believed to be ready to offer.
Any successful deal would also mean Palace would owe Zaha’s former club Manchester United 25 per cent of the final transfer fee.
Many fans of the Emirates club do not think that they can afford Zaha anyway, what with a touted summer budget of just £40m available.
Failure to qualify for the Champions League last season has severally hampered the amount of money available to spend on players.
Bellerin’s post on social media though seems to have got some fans wondering whether some good news could be on the horizon.
The Spanish defender, currently recovering from knee surgery, tweeted a picture of an hour glass implying that time is ticking down.
“Announcing Zaha then are we?”
Arsenal fan on Twitter
Fans think this means that Arsenal will be announcing something imminently and that it could be good news about Zaha.
“AGENT HECTOR,” said one fan.
“The last time an Arsenal player done this was Lacazette amid the Lemar links, don’t leave us down chief,” wrote another.
Another fan wrote: “Announcing Zaha then are we?”
“Zaha’s coming init ,” said another.
Other fans think that it could mean that another player is set to be announced.
Celtic defender Kieran Tierney has been heavily linked with a move to the Emirates after the Premier League club had a £15m bid rejected last week.
Meanwhile, Zaha’s brother Judicael has spoken out about Wilfried’s love of Arsenal.
“Given all that Wilfried has given to Crystal Palace to help them remain a Premier League club, I hope Palace will be able to see their way to agreeing a deal with Arsenal that allows Wilfried to realise his dream of playing European Football for the club he’s supported since childhood,” he told Sky Sports.