Arsenal coach Arsene Wenger confirmed that he would return to an attempt to include Thomas Lemar despite the refusal of the French midfielder to join the Gargers.
Arsenal offered Monaco £ 92 million to include the 21-year-old player in the summer transport market.
Media reports said Limar preferred to continue with his team.
Liverpool was also willing to take advantage of the player's services during the summer transitions, but his efforts failed.