Bacary Sagna admits it is "an option to go somewhere in January" but he has confirmed he is holding talks with Arsenal.
The French full-back's deal at Emirates Stadium expires at the end of the season when he would become a free agent. pool.
He is, however, holding discussions regarding a contract extension, with Arsene Wenger claiming recently that an agreement could be reached "within the next two weeks".
Sagna concedes his preference would be to remain with the Gunners.
He acknowledges that there has been "something missing" from Arsenal in recent years - following the sales of Robin van Persie and Cesc Fabregas - but is determined to play his part in helping them get back on the trophy trail.
Sagna told Bein Sport: "I was upset, angry when players left. If we had them today, it would make a massive difference. Since 2007, a very competitive team left.
"I would love to win trophies with this club, it's a club I love so much but something is missing.
"I've still got six months on my contract with Arsenal. We are in negotiations.
"It's an option to go somewhere in January but I always had a good relationship with Arsenal.
"I've been playing there for seven years and I hope we will end up on something good. First of all I want to finish as champion because we have got a good opportunity to do it this year, and after we will see."