The Spanish midfielder has played just 17 minutes of La Liga football this season and is surplus to requirements.
But Barcelona still want to make some money from Suarez leaving.
Although Spanish newspaper Mundo Deportivo says “everything indicates” Suarez will end up at Arsenal, the report says the Gunners want the midfielder for free until the end of the season.
It is claimed Barcelona has told Arsenal that a fee must be paid for Suarez and a mandatory signing option must be included.
Arsenal are desperate to sign Denis Suarez (Image: GETTY)
Speaking in his press conference ahead of this weekend’s clash with West Ham, Emery was asked about Suarez and said: “I don’t know his situation now.
“We can only sign players later on. I know the club is working on possibilities of which players can help us with big performances like we need now.”
He then admitted Arsenal didn’t have the money to make permanent deals.
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Denis Suarez has not been a regular for Barcelona (Image: GETTY)
“We can only loan players. Only loan players.”
Emery did insist he was having an input in transfer decisions.
He added: “I can say to you that the club is working, the club is telling me the different situations in each moment.
“At the moment, we haven’t had any news today about that.”