Monchi is yet to make a decision on his future following his departure from AS Roma.
The 50-year-old is a candidate to join Arsenal after his exit from the Serie A club, via mutual agreement, was confirmed on Friday.
The Spaniard has emerged as one of the top names being considered for Arsenal’s newly created technical director role, in the wake of Sven Mislintat’s departure.
The former head of recruitment had initially been seen as a candidate for technical director, but Monchi is seen as one of the few football figures in Europe with a reputation equal to that of Mislintat for finding players, and would represent another coup.
But, for now at least, Monchi is remaining tight-lipped on his plans.
"I have not decided my future yet," he told Pagine Romaniste.
"I do not think it’s time to examine these things. It’s time to remember beautiful things."
Monchi played as a goalkeeper for Sevilla and retired in 1999 aged only 30. He went on to spend 17 years as sporting director at Los Rojiblancos before joining Roma in 2017.
At Sevilla, Monchi helped to discover Dani Alves, Jesus Navas, Sergio Ramos and Jose Antonio Reyes, while Roma have signed Cengiz Ünder, Ante Ćorić, Justin Kluivert and Nicolò Zaniolo under his watch.
Manager Unai Emery previously worked with Monchi at the Ramon Sanchez-Pizjuan Stadium and said earlier this season that he worked “very well” with his compatriot.
“I worked very well with him in Sevilla for three and a half years and my relationship with him is good,” Emery said. “He is a good person and a good professional. I can say he is working in Roma and this issue is the club’s responsibility.”
