Arsenal boss Unai Emery would be happy to sell Mesut Ozil this summer.

Reports in London however say the 30-year-old is under contract until 2021 and is happy to stay at the club despite not always featuring under the Spaniard during his first season in charge of the Gunners.

Ozil made 34 appearances in all competitions and fought his way back into Emery’s preferred starting line-up towards the end of the campaign.

But Emery has limited funds to rebuild the squad after Arsenal were soundly beaten by Chelsea in the Europa League Final to condemn them to another season without Champions League football.

Meanwhile, Ozil is thought to be disappointed at being substituted for teenager Joe Willock during the Final in Baku with Arsenal needing to chase the game.

Willock was lively in his 12-minute appearance but Ozil’s withdrawal was a damning assessment of his ability to change a game in Arsenal’s favour.

The manager is believed to have a budget of around £40m to spend on rebuilding his current squad.

Speaking a day after the Europa League final loss, he said they were disappointed with the outcome of the Europa finals where they lost to their London rivals Chelsea 4-1 in Baku.

“Not easy to find the words to describe how we feel today, but here is an important one: Proud of our team, our club, our fans, of the huge effort of all of us since day one. Proud to be part of the Arsenal family. Today we start building next season’s Arsenal. Forward together.”

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