The Gunners attacker is keen to leave the Emirates Stadium after being given just two starts in the Premier League last season, but Newcastle United are allegedly keen on taking him to St James' Park.
The Spanish international is also in demand across Europe, but his representative has acknowledged that the final decision will come from Arsenal, who are said to be demanding £13.5m for his signature.
"Perez is a footballer who has a three-year contract with Arsenal and his future depends entirely on the decision of the club.
"If the club decide to close the transfer for him they must convince Arsenal. Which clubs can reach an agreement with Arsenal can sign him. There is no problem for us."