Arsene Wenger is closing in on a replacement for Bacary Sagna after the Newcastle full-back announced he is in talks to become the Gunners' first signing of the summer
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Newcastle have been preparing for his departure by monitoring Micah Richards's situation at City, and are willing to match his £70,000-a-week wages to bring him to St. James' Park.
Debuchy says a move to the Emirates is not yet confirmed, despite a post on an Instagram account in his name reading: "Goodbye Brazil. Hello Arsenal."
"It is not I who posted it on Instagram," he to L'Equipe.
"Everyone says that, but there is nothing done. For now, we are discussing. Arsenal is a great club, we'll see how it goes."
Wenger had initially targeted Ivory Coast and Toulouse full-back Serge Aurier as a replacement for Sagna, with the North London outfit close to sealing a £7 million deal, but it now seems Debuchy will be preferred.
The former Lille right-back could be the first of an influx of signings for the Gunners, with Goal understanding the FA Cup winners having also tabled a £32m bid for Barcelona's Alexis Sanchez and considering offering Southampton £30m for Morgan Schneiderlin and Dejan Lovren.