According to a report from The Athletic, Arsenal have held 'initial contact' with Sheffield United over a possible deal for the English goalkeeper, as they seek to grant him a Premier League lifeline this summer.
The 23-year-old goalkeeper is away on international duty with England at Euro 2020, and while he is third choice after Jordan Pickford and Sam Johnstone, being in the England camp at such a young age will help him develop even more.
The Athletic claim that Arsenal are prepared to offer a relatively large fee for Ramsdale, indicating that they "regard him as someone who can make a significant contribution to the club in the coming years".
Arsenal's goalkeeping situation is not clear at the moment, with Bernd Leno's future in London being uncertain due to wanting to play in European competitions, and with Runar Runarsson, who has struggled massively since joining, being their only other senior option.
Ramsdale rejoined the Blades from Bournemouth last summer for £18.5 million, and he made 42 appearances last season, as they were relegated to the Championship after a dismal campaign.
While he signed a four-year contract when joining Sheffield United, he is open to leaving the club after the club's relegation, and with Arsenal keen to sign him, this could be the perfect opportunity for him to play top-tier football once again.
The transfer is set to develop and be completed after England's Euro 2020 campaign.