Ramsey - who is in the previous year of his Arsenal contract - is poised to leave after having an extension offer taken off the table.
However, the 27-year-old have a long list of suitors who are ready to grab him up.
Ramsey is free to talk to foreign clubs as of January and can sign a pre-contract agreement.
"And of course you know you need to improve every day but Arsenal actually are on a very good run, especially in the Premier League".
"There can't be any interest in him at the moment because of the regulations", the source said. Speaking of the Serie A giants, Juventus, as well are having a close watch on the player. Former Arsenal chief executive Ivan Gazidis is due to join the Italian side.
Sokratis Papastathopoulos, Danny Welbeck and Petr Cech face late fitness checks ahead of Arsenal's clash with Leicester City but Aaron Ramsey is expected to be available, according to the Evening Standard.
Arsenal have a five-point lead over Manchester United in their pursuit of a top-four finish to secure a return to the Champions League after a two-season absence.
He told TalkSport: 'It seems to me that the manager has said, "I can get better somewhere else".
The midfielder, who played in Switzerland's 2-1 defeat to Belgium on Saturday, is in no doubt that Emery is to thank for his revival, telling the Daily Mail: "On a tactical level, the manager has really helped me". The midfielder has also shown some splendid performances in the past, and hence the chase by all elite clubs would be a chase to watch out for.