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The 18-year-old reportedly has offers from Real Madrid, Paris Saint-Germain and has even been linked to Manchester United
Arsenal manager Arsene Wenger has decided to stay at the club, according to British media reports.
Wenger revealed after seeing his side humbled 3-1 at West Bromwich Albion on Saturday that he has decided whether to stay with Arsenal or not.
Arsenal is further than ever from winning the Premier League title for the first time since 2004 and is five points adrift from the fourth Champions League place.
Spanish right-back Bellerin has been linked with a move to Barcelona having enjoyed a good season in the Premier League.
After conceding five against Bayern Munich on Tuesday, Arsenal managed to score five itself, albeit against an English minnow
Supporters protested against Wenger as Arsenal was eliminated from the Champions League by Bayern Munich on Tuesday.
Mertesacker admitted to tension in the dressing room and said his struggling team haven't shown enough fight.
Sanchez, the league joint-top scorer with 17, was left on the bench until halftime, by which time a rampant Liverpool side was 2-0 ahead.
Luis Enrique announced after Barcelona's 6-1 win over Sporting Gijon on Wednesday that he will step down from his role at the end of the season.
In the 21st year of his Arsenal reign, Frenchman Arsene Wenger is the longest-serving manager in a leading European league.
The pressure on the 67-year-old Frenchman has intensified on Wenger since a 5-1 loss to Bayern Munich in the Champions League.
Arsenal are trailing 12 points behind leaders Chelsea following a damaging 3-1 defeat at their London rivals last weekend.
What happened during and after the match has grabbed eyeballs.
Arsenal last won the Premier League in 2004 and with the title once more looking beyond their grasp, speculation over the future of Wenger.