Arsenal midfielder Reiss Nelson says any decision about next season will be decided after the U21 Euros.
Arsenal failed to qualify for next season's Champions League, meaning Emery will have a tight transfer budget to work with for a second successive summer.
After last season's loan with Hoffenheim, that could open up opportunities for Nelson.
He said, "I haven't spoken to him [Unai Emery] yet.
"The recruitment team said I need to concentrate on the Euros and then we'll get back into Arsenal later on."