A report in The Times says the Gunners captain is leaning towards staying with Arsene Wenger’s side due to a lack of interest other than from Arsenal’s Premier League rivals.
According to the report, Arsenal are ready to up the 29-year-old’s wages from £80,000 per week to £130,000, smashing their wage structure in the process.
The north London side will also add a loyalty bonus of £6million to this in the hope he will sign on for an extra four years.
Van Persie is the Premier League’s leading scorer so far this season, but he has reportedly come to accept that the myriad of clubs said to be interested in his signing have not appeared and he may yet see out the final year of his current deal.
The report claims that Wenger has refused to sell to City under any circumstances after being angered by the way in which they pursued Samir Nasri last season, who also only a had a single year left on his deal.
It has not been unusual for Arsenal players to join the Citizens in recent times: Emmanuel Adebayor, Kolo Toure and Gael Clichy have all made the same move north as Nasri.