David Luiz stay at the Emirates Stadium might come to an end this summer as the defender is going to leave them on a free transfer.
The Brazilian current deal is for one year and not the widely-reported two-year contract and as it was reported there are no negotiations over a new contract.
David Luiz, 33, joined Arsenal on the Deadline Day for a fee of £8m. He joined the Gunnars from their rivals Chelsea as a replacement for Laurent Koscielny, who left to join Bordeaux the day before.
It was widely-reported at first that the deal Luiz signed with Arsenal was for two years, but according to Sky Sports he joined them for 12-month stay.
Arsenal need to restrict their spendings as they have spent a lot of money last summer signing Nicolas Pepe and considering the global crisis and the fact that they will not get a place in the Champions League definitely means that they will have to reduce the money they spent.
However, Mikel Arteta has been impressed by the 33-year-old defender and is understood to be desperate to keep him in the team.
David Luiz on the other hand also want to remain an Arsenal player as he expressed his desire to stay in London.
However, earlier this month that did not stop him from giving a clue to where he might go next.
"I always said that I would like to end my career at Benfica," Luiz told the Brazilian television network SporTV.
"I love Benfica. My dream is to step on the pitch of Estadio da Luz in their colours."