Mikel Arteta’s agent says the midfielder is enjoying life at Arsenal and has no desire to leave for Fiorentina.
Ferencvaros have announced the signing of former West Bromwich Albion and Fulham midfielder Zoltan Gera.
Birmingham have extended Jesse Lingard's loan from Manchester United by a further month, keeping him at the club until December 14.
The England Under-21 international has made an impressive start for the Blues since his arrival from Old Trafford last month, scoring five goals in just four appearances.
Having spent a short spell at Leicester last season, the Lancashire-born midfielder returned to United before going on the club's pre-season tour of Asia where he finished top-scorer with four goals.
With first-team opportunities few and far between at the Barclays Premier League champions, Lingard left on loan for Birmingham and has so far enjoyed a successful period with Lee Clark's men in the Sky Bet Championship.