Toure is currently a free agent after leaving Manchester City back in the summer, with Arsenal emerging as one of the favourites to snap him up.
His agent, Dimitry Seluk, confirmed he had passed a medical in London – alerting Arsenal fans in the process – by tweeting: “Toure @YayaToure has passed a medical in London. Yaya is close to signing a new contract.”
He then added: “It’s not West Ham, 100%. Yaya is a champion. The last place is not for him.”
Before mocking Crystal Palace by saying: “It’s not Crystal Palace, 100%. Roy Hodgson said he doesn’t know when his players’ birthdays are. Can Yaya go there?”
Many think that, with Palace and West Ham out of the running, Arsenal will be Toure’s next club.
But Football London journalist Charles Watts insists the player will NOT be moving to the Emirates.
He tweeted: “I’m sure none of you are thinking this Yaya Toure stuff has anything to do with Arsenal, but just in case there is any doubt – If he is moving to a London club, it is certainly not Arsenal.”
He featured when they faced Barnet in a pre-season friendly in 2003, before a work permit problem stopped him from joining.
Toure penned an emotional letter to City fans after leaving the club this summer.
He said: “This is Toure Yaya, this is my personal message to you for all your support and all the things you‘ve been doing for me most especially for me and my family.
“I want you to understand that you made me who I am. It is only in City I achieved a lot of personal trophies like four times best African player in a roll, won trophies, week in week out playing games and was free of injuries.
“You‘ve always been behind me pushing me on to be able to be the best and today I want to say thank you and I appreciate all the time we ‘ve been together.
“To be honest this is the first time in my whole career I will be staying with a club for more than eight years. The love I have shared with you has been immense and incredible and I was thinking it will never end but now it has ended.
“You have to understand that you will always stay in my heart and maybe one time I will be very happy to come back.
“I think the thing my family and other persons close to me saying is the legacy I have left.
“What I have been thinking for this club and thinking for you is what is happening now and I want to say thank you and I hope you will continue to support this club and be the greatest fans I have.”