The future of the centre-back was a hot topic after the World Cup, in which he helped Croatia to the World Cup final, despite losing to France.
The 29-year-old has been heavily involved with Liverpool since last month and has obviously been more interested in Arsenal recently.
The Evening Standard reported yesterday that the Gunners would have to pay £ 26.9 million to sign Vida from the Turkish club Besiktas, but that they would consider a late move.
There was still no official approach, which provides only a few hours before the transfer window for English clubs and the Turkish outlet Aksam that Vida does not want the move.
Their report states that player Besiktas Transfer Manager Umut Guner has said that he does not want to join Arsenal because of his love for the city of Istanbul.
But Aksam says besiktas are interested in starting a deal, as the profit they have made after signing Vida at Dynamo Kyiv in January is profitable.
Rumors of an agreement were also triggered by a contribution by club president Fikret Orman on Instagram.
The head of Besiktas posted a video of himself walking through a park early in London, suggesting that he is in the capital of England to discuss details of a deal.
Arsenal would have to raise money through player sales to make a last-minute move after Emery spent more than £ 70m this summer.
Emery has since secured Stephan Lichtsteiner, Bernd Leno, Socrates Papastathopoulous, Lucas Torreira and Matteo Guendouzi.