Pictures of the Dutchman cast in a pose from a game with Newcastle in 2003 were leaked online on Wednesday, prompting the North Londoners to confirm the plans.
“We’re pleased that speculation surrounding a future possible statue at Emirates Stadium is generating interest and will obviously communicate details if and when there is confirmation of any new developments,” said an Arsenal spokesman.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.