Frenchman has been with the Gunners for the past seven years.
Arsenal’s hopes of being able to convince right-back Bacary Sagna to put pen to paper on a new deal at the Emirates are being hindered by the tax havens in both Turkey and Monaco, according to reports in the Daily Mail.
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The France international’s current deal expires in June and so far the 30-year-old has steadfastly refused the north London club’s offers of a contract extension to remain at the Emirates next season.
And that is because the attacking full back has a number of more enticing offers on the table from the likes of AS Monaco and Galatasaray, with Gunners boss Arsene Wenger admitting that: “When I say I expect Sagna to stay, it’s more that I want him to.
“He wants to keep his options open, because he is at the end of a contract. It is an important contract for him.
“He is 31, I can understand. Can he get more security elsewhere? You should ask him that.
“Because he is a defender we are ready to give him more than one year.
“I’m not alright with him keeping his options open because I would like him to sign now but I have to accept it. It is his freedom – the decision belongs to him.
“We are always in negotiations with him and we try always to be fair with him. I believe his future is here and any other decision would be wrong.”