Despite the injury problems that have hampered him throughout his career, Ramsey still racked up 369 appearances across all competitions during his 11-year spell with the Gunners.
The then fresh-faced 17-year-old was signed by Arsene Wenger for £5million in June 2008; a month after helping Cardiff City reach the FA Cup final.
The FA Cup proved a fruitful competition for Ramsey, who won the competition three times at the Emirates. He also scored the winning goal in the 2014 and 2017 triumphs over Hull City and Chelsea respectively.
He would undoubtedly welcome a return to the Gunners, who are currently seeking a return to continental football having missed out last season.
The central midfielder would link up with former team-mate Mikel Arteta, while his experience would hugely benefit a generally youthful squad.
Aaron Ramsey club after January transfer window odds (via Sky Bet)
In the first transfer window since the Saudi Arabian-backed takeover in October, everyone is keen to see what Newcastle do.
The Magpies got the ball rolling with the signing of England international Kieran Trippier from Atletico Madrid, and the full-back is highly unlikely to be the only business the club complete this month.
With the huge financial power at their disposal, several other big names are being linked with a move to St James’ Park, including Ramsey.
Newcastle’s lack of quality has been evident so far this season, with Eddie Howe’s side very much in a relegation battle in 19th place.
However, the potential arrival of Ramsey would certainly bolster their midfield and attacking options. His influence would significantly contribute to the Toon Army climbing the table and towards better times under the new regime.
Wildcard: Leeds United
Following a solid return to the Premier League last season, Leeds have struggled to build on that so far this term.
With a lengthy injury list combined with the impact of the ongoing Coronavirus pandemic, Marcelo Bielsa has been thin on numbers in recent weeks.
It was also recently confirmed that midfield maestro Kalvin Phillips will be out until March; the England international leaving an almighty hole in the centre of the park.
That could present an opportunity for Ramsey to step in and help propel the Peacocks up the English top-flight table.
He would also find himself in familiar company at Elland Road, where international team-mates Daniel James and Tyler Roberts are plying their trade.