Pepe has less than 12 months on his current contract in north London and he is not part of Mikel Arteta's plans for the 2023/24 campaign. The former Lille winger, who spent last season on loan in Ligue 1 with OGC Nice, was left out of the pre-season squad for the Gunners' tour of America.
The Ivory Coast star has been linked with a move to Saudi Arabia, with their transfer window still open until September 7. So, football.london has rounded up everything we know on the 28-year-old's future below.
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Pepe has now taken to social media to send an update to his fans.
Late into Friday evening, with no sign of a move, the 28-year-old took to Instagram to show himself working in the gym.
Arsenal boss Mikel Arteta has provided an update on Nicolas Pepe's future.
"We are still looking for solutions and there is a lot of communication between his agent and the player and the club at the moment," Arteta said when asked about the Ivory Coast international.
"There is nothing to announce at the moment."
Contract decision
Arsenal are contemplating terminating Pepe's contract ahead of tonight's deadline, as per the Daily Mail.
The Gunners are struggling to find a suitor for the Ivory Coast international, who has less than 12 months remaining on his current contract at the Emirates Stadium. football.london reported back in June that although the north Londoners were keen to garner a fee for Pepe, plans have been made for the termination of his contract if required.
Arsenal 'negotiate' exit fee
Nicolas Pepe still looks set to leave Arsenal this summer despite a Besiktas transfer falling through, with a new club in talks.
According to RMC journalist Fabrice Hawkins, an unnamed Saudi Arabian club are planning to make a move for the 28-year-old with Arsenal 'negotiating a transfer fee.'
Pepe hints at Arsenal stay
Nicolas Pepe has hinted that he could remain at Arsenal for the upcoming season in a transfer decision that could save Mikel Arteta and Edu millions.pre-season tour of the United States and according to the Mirror, the club are keen to conclude his exit this window.
Arteta stance
Arsenal boss Arteta was asked about Pepe's situation earlier this month. After leaving the winger out of the pre-season squad, he said: “At the moment he is recovering from an injury which is why he’s not here.
“He had a spell on loan and obviously we wanted to get much more than we got from that loan spell. We have to see when we come back, understand what the plans are and make the right decision for him.”
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Pepe missed the final part of the 2022/23 season out injured and he doesn't appear to have returned to the club's London Colney training base ahead of their pre-season.
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