Arsene Wenger revealed last week that a deal for the 20-year-old Auxerre front-man was close.
And Sanogo has now confirmed that he is ready to link up with the Gunners.
"Arsenal could be a great club for me, I scored nine goals this season with Auxerre and they think I can improve my level in England," he told Sky Sports.
"I am pleased to be following in the footsteps of Abou Diaby who came through from Auxerre.
"There are many teams interested in me, but Arsenal is my choice."
Arsenal will be due to pay Auxerre compensation for Sanogo, who is under 23.