Alexandre Lacazette has no interest in joining Inter Milan as they eye a replacement for Lautaro Martinez.
The Frenchman has been linked with an Emirates exit despite his contract running until 2022.
Antonio Conte is looking for a new frontman with Martinez set for a move to Barcelona.
The Argentine has expressed a desire to head to the Nou Camp and has supposedly been contacted by Lionel Messi.
He has been a regular supply of goals at the San Siro, netting 16 times in all competitions, leaving the Italians to look elsewhere.
Lacazette has struggled to nail down a starting berth in north London with Pierre-Emerick Aubameyang preferred in attack.
But the former Lyon man still has no desire to join up with Conte at Inter, reports L’Equipe.
The 29-year-old has bagged nine goals and registered three assists in 26 outings this term.
Since heading to Arsenal in 2017 Lacazette has scored 45 times but in recent weeks has also been linked with a move to Atletico Madrid.
The Spanish club were poised to sign the the French international before he headed to Arsenal.
But they were hit with a transfer ban and missed out on his signature, however rumours have circulated suggesting they are ready to renew their interest.
His compatriot and former Monaco man Thomas Lemar has been touted as the player heading the other way in a swap deal.
Arsenal’s summer spending is likely to be affected by the coronavirus pandemic and the continued absence of Champions League income.
Unai Emery had to work on a budget last summer and his successor Mikel Arteta may have to do the same.
However the Spaniard will be sweating on the future of Aubameyang with his contract talks on hold.
Should the Gabon international move on Lacazette is unlikely to be following him.