The breakdown in negotiations has attracted the interest of several big clubs such as Real Madrid, Bayern Munich and Paris Saint-Germain, among others.
He has now reportedly agreed a deal with Juventus, and the pre-contract will be signed in the coming days when his agent flies to Italy to meet the Juventus board. He will be fondly remembered by Arsenal fans, most of whom wish he wasn't going.
It is believed that the 28-year-old will become the second highest paid player behind Cristiano Ronaldo for a club which has won the last seven Serie A titles and are nine points clear this term.
Nevertheless, Emery still trusts in Ramsey to provide cover and competition until the end of the season, saying: 'I say to him every day that we need his performance for us.
The Reds are well stocked with midfield options but should an opportunity to land the Arsenal star present itself, it seems Jurgen Klopp would have a strong chance of luring him to Anfield. He asked in Blackpool to play, he said: "Coach, I want to play".
Wales worldwide Ramsey joined Arsenal from Cardiff in 2008 and has scored 52 goals in his 252 Premier League games.
But Emery does not use a number eight, with Ramsey restricted to play a deeper, more disciplined role without the license to roam - or as a No.10, which he is not suited to. I want his focus to be on us, and to be on West Ham on Saturday.