Manchester United have been linked with a double swoop for Schar and his team-mate Egyptian striker Mohamed Salah.
"He is happy at Basle, where there is a great atmosphere within the club,’ said representative Dimitrios Papadopoulos.
"Arsenal? I can confirm we have had contact with English clubs who want to sign him.
"There is also interest from Italian and German clubs, but we have more contact from England."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball