The Gabon international was stripped of the Gunners captaincy last month following multiple disciplinary breaches and has not made a single appearance for the club since.
Aubameyang has understandably been tipped to leave in the final knockings of the January transfer window, with AC Milan thought to be one of the interested parties alongside Marseille and Paris Saint-Germain.
However, Football Italia - via the Daily Star - reports that Aubameyang wants to be paid more than double what fellow striker Ibrahimovic receives at San Siro to make the move to Milan.
The former Borussia Dortmund man is thought to be unwilling to sacrifice his £350k-a-week wage to complete a move elsewhere, with Ibrahimovic currently pocketing £125k per week with the Rossoneri.
Aubameyang has just four Premier League goals to his name this season and was left out of the Gunners' squad for their trip to Dubai for a warm-weather training camp. body check tags ::