The best rumour probably came last season when everyone seemed to be convinced that he was off to Old Trafford after he was spotted at a Man United match.
But this season's rumours have all centred around his impending move to Atletico Madrid.
Rumours that the best effin Spaniard we know has been quick to refute!
Arteta said of the rumours: "I am fed up with it all. They are taking my words and putting them into whatever context they want to. It's getting on my nerves.
"I keep saying that I am really happy here and that is true. I think that the club wants to do something in the summer and we will see what happens. But if they want me to stay for a long time and are happy with me, I will be happy to do that.
"I am committed to this club, I feel really happy here and I feel that I am an important part of the team. I like all the people at the club, I am made to feel welcome by people in the city and there is no reason why I should leave."
So that should be one less thing to worry about come the summer!