The Switzerland international has been linked with a move away from the Emirates this summer, in which Arsenal boss Unai Emery is expected to majorly overhaul his squad.
Inter Milan are understood to hold an interest in signing the midfielder, and last week it was claimed the Italian’s are closing in on the 26-year-old.
Xhaka, however, has insisted that’s not the case and revealed has no intention of leaving north London in the coming months.
“Not that I know,” he told Blick when asked if he plans on leaving Arsenal this summer.
“I have another four years’ contract, I only signed last year.
“I’m happy there, my family too. That’s the most important thing.”
In recent weeks, it’s been reported that Emery is considering handing Xhaka the captain’s armband.
And the former Borrusia Monchengladbach man admits he’d relish the challenge of skippering the Gunners.
When asked if he’d like to captain the team, he said: “It would certainly be the dot on the i.”
Xhaka penned a new five-year deal with Arsenal last June and is happy plying his trade in the Premier League.
Gunners chief Unai Emery is set for a busy second summer transfer window, with no less than eight players set to leave the Emirates.
His business, however, will be hampered by the fact he only has £40million at his disposal following the club’s failure to qualify for the Champions League.