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Arsenal target Marcos Senna has played down reports of a summer move to the Emirates Stadium and is in talks to extend his contract at Villarreal.

Senna earned rave reviews for his displays at Euro 2008 as Spain lifted the trophy and the Gunners have been linked with a bid to secure his services.

But the talented holding player has already held preliminary discussions over extending his stay in La Liga.

Senna told The Sun: "I met with the president of Villarreal on Tuesday and we talked about extending my contract by two years.

"But now I want to rest. I am on holiday and hope to detach myself from these things."

Villarreal president Fernando Roig went on to insist that Senna was happy at El Madrigal, and that the club were confident of warding off any approaches.

He said in the Daily Star: "We are not frightened of the interest from some of the biggest clubs in the world since we have tied our captain to a 36 million euros (£28.5 million) cancellation clause.

"That's the figure a club would have to pay if they want his services.

"But the best thing is if he doesn't go. He is very happy at Villarreal and we are very happy with him.

"For me, he was the most complete player of the whole tournament."

Sporting Life / Eurosport