The Gunners have reportedly agreed a fee with Bayern Munich for the highly-rated midfielder.
“The Premier League is a great competition. Arsenal have a lot of tradition. I need a team that has space to play,” Gustavo told ESPN Brasil.
“It’s a delicate situation. I’m looking for the best option, the best decision. I am going to have to play, to stay in shape and carry on being called up [for Brazil].”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.