Celtic boss Neil Lennon admits concern over losing left-back Emilio Izaguirre.
The Honduras international has been watched by Liverpool and Arsenal this season.
Asked if he feared losing Izaguirre, Lennon said: "Of course but we just have to wait and see at the moment, it's all speculation.
"I think Izaguirre has been immense. I have really enjoyed watching him play, he's a really good boy, loves his football, loves his family. He's been a breath of fresh air."
Click here for the No1 coverage of all the gossip and transfer news around Arsenal.