Arsenal say that while they want to be involved in the talks over a European Super League, they do not want to break away from English football.
Football Leaks and Der Spiegel published a report saying that top European sides have held discussions about a breakaway Super League.
"We have to be in the conversations. It doesn't necessarily mean we support them," said managing director Vinai Venkatesham.
"Arsenal aren't, or never have been, interested in playing in any competition that weakens the Premier League. The Premier League is the world's leading league in the leading sport - we don't want to do anything to damage it.
"When people talk about the European Super League, that covers a really big spectrum. People jump to one end of the spectrum and think this is what we are talking about - but actually often it's just a slight evolution from where we are today.
"I see these articles that Arsenal want to break away. We never want to do any of that. But we also have to recognise we have to be in these conversations or we wouldn't be responsible."