Onana has been heavily linked with the Gunners over the past few months, and it was recently claimed that they could make an offer.
The Cameroon international is serving a FIFA-imposed ban at the moment, but the punishment was recently reduced by three months.
He is unavailable to play until November 4. However, he could return to team training from the first week of September.
According to football.london, the Gunners have yet to make an approach for Onana despite holding talks with his agent.
It is added that they are looking into signing a homegrown keeper with Sheffield United's Aaron Ramsdale an option.
Onana could be available for just £9m this summer, with his current contract with Ajax due to expire in 12 months.
The Gunners are still undecided over a move for him, considering he could be absent for more than four months next term.
Aside from his ban, he could be absent for around four weeks in January and February due to African Cup of Nations duty.
Content created and supplied by: TalkSport10 (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More