Both Premier League giants had been keen to lure the Juve star back to England in 2014.
Both Manchester United and Arsenal may now have to wait to sign highly rated Juventus midfield player Paul Pogba, with the exciting Frenchman set to remain with the Serie A champions until at least 2015 at the earliest, according to reports in the Daily Mail.
The France international has only been in Turin since June 2012, when Pogba first joined Juve from Premier League giants Manchester United on a four-year deal on a free transfer.
And since signing for the Italian outfit, Pogba has really taken his game on to a new level, with the 20-year-old having hit the back of the net on 10 occasions in total in his 54 matches in all competitions, including nine strikes in his 59 league matches for the club.
It is that kind of eye-catching form, though, which has now attracted the attentions of a whole host clubs across the Continent in Pogba, and with the Frenchman only earning 1.2 million euros a year net at Juventus, it was thought that the player was keen on moving back to the Premier League, and the riches on offer in the English top flight.
However, if reports in Italy are to be believed, Pogba now intends to remain with Juve until at least 2015 before deciding on his next move.