His West Ham teammate Michail Antonio was a guest on Goals on Sunday, and was asked about the global future of his teammate. We could have won or lost, like we can with him. A 2-1 win at Bournemouth in November was the only time Emery conceded the former Germany global was left out for tactical reasons.
"Big teams want to have the best players but I think we must remain calm about the situation".
Declan Rice made headlines yesterday when he scored the victor for West Ham in their derby against Arsenal, putting the icing on an accomplished midfield display.
Arnautovic's desire to leave West Ham was reiterated by his brother - who acts as his agent - shortly after the club rejected the £35million offer for the former Stoke City man.
The 30-year-old has scored 41 times and registered 73 assists in 212 appearances for Arsenal since joining the London club from Real Madrid in 2013.
"We'll see what happens in the next days", Pellegrini told Sky Sports.
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"I have been in these situations a lot of times".
Although Ozil and Arnautovic were talking points, match-winner Rice was singled out for praise by Pellegrini.
West Ham are lining up potential moves for a whole host of strikers as they prepare themselves for life without their talisman Marko Arnuatovic.
He is yet to decide whether to represent England or the Republic of Ireland at worldwide level, but Pellegrini is sure that whichever nation he opts to play for will benefit. The problem is that we have to work harder in the next games and be more competitive.
"For me he is like another player", Emery added.
"I'm sure that we are seeing a top player soon and we will see not only for West Ham but also for the national squad that he decides to play for".