Unai Emery was sacked on Friday after the Gunners’ worst run in more than a quarter of a century with Rodgers quickly installed as one of the favorites to succeed him at the Emirates.
Rodgers, who has transformed the Foxes into credible title contenders this season after taking over back in February, fuelled the speculation after Sunday’s 2-1 win over Everton by revealing he has a release clause in his contract at the King Power .
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But ahead of Wednesday’s match against bottom club Watford the Northern Irishman appeared to row that back.
“I’m staying at Leicester. I’m not interested (in Arsenal), I have said that, ”Rodgers said. ”What I will say is I have a contract here and thus far, and I know managers are losing their jobs, the club haven’t indicated to me that they are going to sack me, so I think they’re pretty happy with how We’re working.
“And I am very happy, so I’ve no need to look elsewhere. And I think logic would tell you – and I know that sometimes in your world it’s not always logical this gossip and speculation – but why would I want to leave Leicester City at this moment in time?
“I’m working with a young group of players with so much potential, that want to improve and want to develop. There’s a lot for us to grow and develop over these next few seasons. We’re moving to a new training facility.
“I respect there will always be this speculation around jobs, but for me, I repeat, I’m happy here, very happy, and have great relations with all the people and I feel I want to continue with that . Take from that what you want. ”
Rodgers left Celtic to take over at Leicester in February and after presiding over a ninth-placed finish last season he has seen his team win 10 of their 14 Premier League matches this campaign as the Foxes sit second in the table.
The former Liverpool boss went on to add that he is also happy in Leicester away from football and has settled well in the area.
“The message is clear, it has been, and probably I’ll get asked again until they (Arsenal) appoint someone, but it’s very simple: I’m very happy here. I couldn’t be happier here. It’s a combination (of personal and professional happiness). I love coming into my work every day, working with the people here.
“And when you come in with that excitement and knowing the potential we have here to really grow and develop, that brings me happiness. On top of that, I love the area, it’s a wonderful place to live, so when you have that combination why would I want to give that up? ”