Cape Town - Arsenal boss Arsene Wenger has dismissed speculation that they are working on a deal to bring Granit Xhaka to the Emirates Stadium ahead of the 2016/17 season.
The Borussia Monchengladbach captain has been linked with a move to the Gunners as they seek new blood to replace their aging midfielders.
Mikel Arteta, Mathieu Flamini and Tomas Rosicky are all over 30 and the trio face uncertain futures at the club as their contracts expire at the end of June.
Xhaka has steadily impressed for Gladbach since his arrival from FC Basel in 2012, and the midfielder is tipped to take the next step in his career after four years with the Foals.
But Wenger dispelled the rumours suggesting that the Switzerland international is closing in on a switch to north London.
Asked if there was any concrete interest in Xhaka, the Frenchman said in his pre-match press conference ahead of Saturday's clash with West Ham: "At the moment, no.
"We are starting to look at people who can strengthen our squad. But we are not on any particular case in a concrete way."