Palermo president Maurizio Zamparini denies the club have received an offer from Arsenal for highly rated Brazilian striker Amauri.
Amauri has been linked with several top European clubs and Palermo recently began negotiating with Juventus for the transfer of the 27-year-old to Turin this summer.
'We have not received any offers from the Gunners,' Zamparini said. 'Other clubs have contacted from Spain and England, but the problem remains his passport.'
Amauri is currently in the process of acquiring Italian citizenship.
'Then there's the issue that we have negotiations with Juventus,' Zamparini added. 'We have authorised them (Juve) to speak to the player.
'I want to reiterate that Juventus is a serious club like Palermo.'
Amauri, who is under contract with the Sicilian giants until June 2011, has scored 13 league goals for Palermo this campaign.
Earlier this season, the player and his agent revealed their intention to leave Palermo this summer. The club has set a price tag of 20 million euros.
Amauri joined Palermo from Chievo Verona for eight million euros in the summer of 2006.