By ESPNSTAR.com staf
The Ivory Coast international was lethal for CSKA last season and finished as the league's top scorer but was still unable to help CSKA qualify for next season's UEFA Champions League.
Nonetheless, his goal scoring exploits have not gone unnoticed and he has been closely tracked by a host of top clubs in Europe, including Roma, Chelsea and Manchester City.
Arsenal are also keen to add the 24-year-old to their ranks and according to the Daily Mail, have initiated contact with CSKA to discuss terms.
However, the £26million price tag put on Doumbia may prove to be a stumbling block in the facilitation of the transfer, with Gunners boss Wenger notorious for his reluctance to spend big on any player.
Doumbia himself had previously fuelled speculation of his departure by admitting that he would be willing to play in England, Spain or Italy.
"I'm not closing the door on any team. I could be interested if the project they're working on convinces me," Doumbia stated to Corriere dello Sport.
"I am ready for the Italian championship, but also for Spain or England. I want to make the next step in my career.
"I want to play in the Champions League. But it doesn't make sense to join a club that plays in the Champions League one year, and then doesn't even play in Europe the next season.
"We will just await all the concrete offers that come in, and then decide what's best for me together with my agent Jean Bernard Beytrison."
The player's representative Jean Bernard Beytrison says Doumbia has yet to make a decision on his future and is waiting to see if CSKA receive any offers.
"I know there are Italian and English clubs interested in him, but for now they are just rumours," Beytrison told calciomercato.it.
"Is the Premier League his most likely destination? No, Seydou will decide where to go.
"We are waiting for the official steps to be made by some clubs and until then I don't want to say anything."
Doumbia, known for his lightning pace and outstanding work-rate, has a contract with CSKA until June 2015.