Arsenal and six other clubs have declared their interest in the Brazilian, with him keen to make a move due to the lack of regular first-team football he'd be given next season with the arrivals of Erling Haaland and Julian Alvarez.
The Gunners have already held talks with him and his representatives, with these talks going very well.
Gabriel Jesus, along with his agent spoke to Edu, and were pleased with what he had to say about the club and its project.
However, after the meeting, City's board members called an emergency meeting on his future due to his impressive performances against Watford and Real Madrid, particularly during the first-leg of the UEFA Champions League semi-final.
During this board meeting, they mentioned that if the right offer came in for Gabriel Jesus, they'd accept it.
Some personal terms have already been agreed with Arsenal, with him being proposed an increased salary by €2.5 million along with a five-year deal.
While City want around €55 million for him, the fee that Arsenal would offer wouldn't be near that, especially since his contract is set to expire in 2023.
If Gabriel Jesus does end up staying at City, he'll want regular first-team action, and if he's not promised this, he'll leave.
His full focus right now is finishing the current season with City as they push to win the Premier League.
Gabriel Jesus remains Arsenal's main target as a new striker, as was reported by The Goalpost last month.
The Brazilian has had a mixed season, going from not scoring a league goal for five months, to starring at the latter stages of the season, including four goals against Watford and goals against the likes of Real Madrid in Liverpool.
He has scored 13 goals and 12 assists in 39 games in all competitions so far this season, with just 26 of them being starts.