But new manager Unai Emery considers the Nigeria global an important player in his plans.
Pulse Sports first reported that Iwobi was expected to stay at Arsenal after sources close to the player revealed that he is highly rated by Emery.
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City stormed to the Premier League title in record-breaking fashion last season, as well as winning the Carabao Cup. Both managers have the utmost respect for each-other and neither side will be going hell for leather for victory.
"It's always been my childhood dream to represent Arsenal", Iwobi told Arsenal's official website.
Arsenal are also hoping to extend Aaron Ramsey's contract in August. I always realise that I have to be representing the team and giving 100 per cent at all times.
"It's not just myself and family, I represent the younger generation as well".
Alex Iwobi did however receive strong criticism from the Arsenal supporters after the end of the 2017/18 season with a lot of them claiming that the 22-year-old wasn't good at finishing clear chances presented to him during matches but the player will be hopefully of rectifying that problem ahead of the upcoming season.
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Do not forget to drain water from tires, cans, flowerpots, clogged rain gutters, rain barrels, toys and puddles. Between 2013 and 2015, there were no reported human cases with only single cases reported in 2016 and 2017.
These are exciting times for Wolves as they gear up for their first season back in the Premier League since 2012 and they are still looking to strengthen their squad if newspaper reports on Sunday are to be believed.
For the national senior team, he has netted six goals in 20 appearances.
However, despite winning the Treble at PSG last season, Dickinson still thinks there are question marks over Emery, who left the Parc des Princes at the end of the previous campaign having spent two years in the French capital. Since his debut has Iwobi made 98 appearances for the club.
Temperatures staying very high in red-hot Europe
And as we move into the weekend the mercury will remain high , as blisteringly hot weather sweeps in from Spain and Portugal. Ladbrokes also cut odds on August highs beating Britain's 38.5C (101.3F) record, set on August 10, 2003, at Brogdale, Kent.
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