Correio da Manha says Benfica are planning a bid for the Germany international.
Arsenal is ready to sell Leno, with his contract having just over a year to run.
The 30-year-old has also attracted interest from Newcastle United.
Over the 2021/22 season, Leno has made eight appearances for Arsenal and conceded 11 goals, plus keept three clean sheets.
Source: Tribalfootball
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