Four days on, Bellerin has signed a new long term contract at Arsenal, ending any chance of him going to Barcelona or Manchester City any time soon.
A statement on the official Arsenal website confirmed: "Hector Bellerin has signed a new long-term contract".
The Spanish global has established himself as Arsene Wenger's No.1 right-back over the past two years, racking up nearly 100 appearances for the club in all competitions so far.
"I've still got three years left on my contract, so I'm just focused on playing every single week, improving and hopefully making things happen here at Arsenal".
He further added, "I wasn't thinking about anything else other than staying here and continuing my development here".
GETTYBellerin has signed a six-year deal
According to the BBC, Bellerin put pen-to-paper on a new "long-term" contract with the north London based club earlier today. Consequently, for a great number of years, he was forced to watch a whole host of stars leave the club in search for bigger pay packets and more trophies. He is a unique player in the Premier League, and has very few rivals in European football. What's more, there was also interest reported from Premier League rivals Manchester City, now under the guidance of former Barcelona manager Pep Guardiola.
Bellerin is now out of action with an ankle problem picked up in the 1-1 draw against Tottenham that is expected to keep him out of action for the rest of the month.
Bellerin has made 67 top-flight appearances, including 11 this season.
Barca ultimately signed Aleix Vidal from Sevilla, but the 27-year-old fell out with coach Luis Enrique, leading to reignited speculation over a potential deal for Bellerin.