The German striker has emerged as a target for Italian club Inter Milan who are believed to be pondering a summer swoop for his services.
Podolski's representative, Nassim Touihri, reportedly said that the former FC Cologne star was still considering his options but was no closer to making a decision.
"At the moment we do not know what will happen in the future," Touihri said.
"Inter an interesting club that wants to invest as it has recently also signed (Nemanja) Vidic (from Manchester United).
"Cologne is his heart and his passion. But at the moment it is too early to say where Podolski will play."
The Gunners, who signed him in April 2012, reportedly want £11million for Podolski but it remains to be seen if they will look to sell him this summer.
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