Giovanni Branchini believes there are a number of clubs watching his client and is not surprised Arsenal are interested.
"It's not ridiculous that Arsenal are looking at Montolivo," he told Violanews.com.
"In fact there is very strong interest from clubs more famous than Arsenal.
"One thing I will say, and that is that official negotiations are not ongoing.
"A good World Cup has increased interest in Montolivo, but to say that we are close to reaching an agreement is absurd."