The 36-year-old has come under a lot of criticism this season due to poor performances and it certainly appears that the best years are behind the former Chelsea man, with head of recruitment Sven Mislintat said to be eyeing a replacement.
Atletico Madrid’s Jan Oblak is reportedly top of the Gunners’ wish-list but a huge bid would be required to lure the Slovenian international to the Emirates Stadium, as his contract is said to include a mammoth £88m release-clause.
“It is difficult to talk about what will happen tomorrow, more difficult to say what will happen next season. About a new contract at Atletico I can only tell you one thing – there is nothing new.”
“That is the only certain thing. I know there have been many things written about how everything is agreed, and also the other way saying there will be no new contract.”