Arsenal FC of England has denied reports that its chief executive, Ivan Gazidis, has accepted an offer that would see him leave the club.

Gazidis, who has enjoyed a stable tenure at the London club and built a cordial relationship with former coach Arsene Wenger, was reported to have decided to part ways with the club.

He was rumoured to be heading to Italian giants AC Milan from the beginning of the 2018/2019 season.

But according to a statement by Chips Keswick, Chairman of Arsenal Football FC, published on the club’s official website, the chief executive has no such offers.

He, however, admitted that Gazidis always receives luring offers due to his huge popularity.

“We are aware of the speculation surrounding our chief executive Ivan Gazidis. We know he receives many offers from organisations inside and outside the game as he’s a hugely respected figure.

“He has never accepted any of these opportunities and has never spoken about them publicly.

“He has always been fully committed to taking Arsenal forward and is currently working hard in Singapore with new head coach Unai Emery as we prepare for the new season,” the statement said.