Savvas Mourgos and Kostas Pileas are leaving Arsenal next month.
Jeorge Bird's Arsenal Youth website reports the pair will leave when their contracts expire at the end of next month.
Greek youngster Mourgos was on trial at Reading recently, while Cypriot Pileas, who can play at centre-back or left-back, will also be let go after two years at the club.
Glen Kamara and Kristopher Da Graca are others who will leave this summer.
Source: tribalfootball.com