“I’ll come back to Italy when I end my holidays,” the 25-year-old defensive midfielder told lancenet.com.br.
“I have a contract with Fiorentina in which it was written that should I have a good first season, the club would have the possibility to extend my contract automatically from five to six years. They utilised this clause and I am really happy.
“I owe Fiorentina a lot. I arrived and I immediately became a regular. I have never been on the bench.”
Melo has been strongly linked with a move to the Gunners after playing a key role in Brazil’s Confederations Cup victory.
Reports over the weekend suggested that Arsenal could offer Emmanuel Eboue as makeweight in the deal, but Melo’s new one-year contract extension means Arsene Wenger must look elsewhere.
NEWS: Arsenal make move for Felipe Melo
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NEWS: Gilardino: Melo may be sold
NEWS: Flattered Melo may yet join Arsenal
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