Mikel Arteta ousted the Frenchman from his first-team squad after a defeat at Brighton last season and he has not featured for the Gunners at the start of the campaign.
Arsenal have offered him to several clubs, but they are yet to find a club who will look to take him off their hands.
The Gunners are ready to let him leave before Monday’s deadline and it recently emerged that Marseille are interested in signing him.
The Ligue 1 giants are said to have been keen on signing him, but according to French sports daily L’Equipe, it is far from the truth.
Marseille have vehemently denied any plans to sign the Arsenal midfielder before the transfer window closes on Monday.
They could do more business in the coming days but are unlikely to make a move to land the French midfielder from Arsenal.
Guendouzi has suitors in England and Germany and could even be back in France before Monday’s deadline, but not at Marseille.
