Soyuncu is on Unai Emery's radar to help strengthen his defensive options ahead of next season.
Mustafa Dogru said: “Arsenal have not held official talks with us, Sven Mislintat is keen on him but we are currently not in direct negotiations with the club.
“We have made it clear to Freiburg that Caglar wants to leave over the summer.
“Freiburg are happy to go ahead with a transfer but only for the right price. Playing in the Premier League is what most footballers aim for."