It's TeamTalk that's saying that Arsène Wenger has met with Thuram, to discuss the possibility, but despite that, our sources indicate that this much, at least, is probably true.

Newsreel regulars will remember that Arsenal were said to have had an £8million bid turned down back in March. See this item, finishing with the prophetic "we certainly haven't heard the last of him.html" (but hardly inspired, given that he's French he was bound to be linked again)!

See also this item, to see why Thuram is (still) a made-to-measure Arsenal target.