Arsenal midfielder Fran Merida admits he's flattered by interest from Atletico Madrid.

"Atletico are one of the best clubs in Spain and a Champions League club and I am really pleased by the interest in me," the teenager told AS.

"This is news to make me content but I have a deal signed with Arsenal until June 2010 and I still have not decided my future.

"I have not accepted the offer from Arsenal for five more seasons but this does not change things. I want to study the situation calmly and decide what is best."