Josip Ilicic's agent has dismissed claims his client will leave Palermo in January, after the Serbian starlet was linked with moves to Chelsea, Tottenham and Arsenal.
The 23-year-old attacking midfielder is earning rave reviews for his performances in Serie A this season, and is rumoured to be open to a move to the Barclays Premier League.
Gunners boss Arsene Wenger is a known admirer of Ilicic, as he looks to further strengthen his Emirates Stadium squad in January.
However Arsenal could face competition from Blues boss Andre Villas-Boas, after Chelsea were credited with an interest in bringing the former Maribor star to Stamford Bridge in the New Year.
"I really don't believe Ilicic will leave Palermo in January," Ilicic's representative Amir Ruznic is quoted in tuttomercatoweb.it. "In recent days I spoke to the club [Palermo] and no one told me anything.
"In any case, it would not be easy to replace him midway through the season. However, perhaps in June it would be a different story."
Meanwhile, Spurs boss Harry Redknapp is also believed to be monitoring Ilicic's situation with a view to bringing the Serbian to White Hart Lane - despite the fact he is under contract with the Serie A side until June 2015.
"I don't know anything about it," Ruznic added when questioned about possible interest in his client. "Perhaps there have been contacts between the clubs but at the moment none of these clubs have spoken to me.
"Ilicic is a player of great value and has great technique and quality. I could see him doing well in a big club."