The Reds were linked with a move for the Portugal star earlier this week.
Arsenal have won against the MLS All-Stars in a pre-season friendly.
Granit Xhaka is the only major signing to arrive at the club this summer.
The Tottenham Hotspur starlet may get another chance to entertain in Friday's match with Atletico Madrid.
Former West Ham United hero Trevor Sinclair has likened one of the club's summer signings to Manchester United and Real Madrid hero David Beckham.
Might the 20-year-old be as effective for Arsenal as Harry Kane is for Tottenham Hotspur?
The 27-year-old left Tottenham Hotspur to join West Bromwich Albion in the summer.
The striker has struggled to make much of an impact during his time with Leeds.
Marcus Rashford has established himself as a regular member of the Manchester United first-team, despite his tender years.
Mauricio Pochettino has shown a great faith in Tottenham Hotspur's youngsters since taking charge at White Hart Lane.
Is Glasgow Rangers boss Mark Warburton already thinking about bringing new faces to Ibrox?
The Bournemouth midfielder has recently been linked with a return to Leeds United.
The Liverpool manager has suggested that youth will be his priority.
The Kenyan international has proved pivotal to Tottenham Hotspur since his appointment.
The Tottenham Hotspur player did not get a single minute of action for his country despite their struggles.
David Prutton has hailed the Leeds United fans at Elland Road.