The much-maligned German defender – whose contract expires at the end of the current campaign – turned a corner last season and was one of the Gunners’ most consistent defenders under Mikel Arteta.
A serious hamstring injury suffered in the semi-final win over Manchester City in July halted his progress and ruled him out for the start of the new campaign.
The 27-year-old finally returned from his injury lay-off as he came on as a substitute for the injured David Luiz in last weekend’s 1-0 defeat to Leicester City.
Mustafi switched off in the buildup for Jamie Vardy’s winner as he ignored Gunners defender Gabriel’s instructions to cover the space in which the striker ran into.
Earlier this week, reports emerged that the centre-back had turned down Arsenal’s offer of a new deal in the summer and instructed the club that he will be leaving when his contract expires at the end of the season.
However, Mustafi revealed that talks over a new contract have not yet begun and insisted it would ‘mean a lot’ for him to stay at the Emirates.
‘When I made a decision to sign for Arsenal it is because I respect this club,’ Mustafi said ahead of the Gunners’ Europa League clash against Dundalk on Thursday.
‘It is a huge club, that’s why for me if I could stay at Arsenal, of course it would mean a lot to me.
‘At the end of the day, it was important for me in the last three months to come back after the injury and to be ready to play and to help my team.
‘When you hopefully get a few games, you can maybe look at the future but at the moment for me it has been difficult because in the last months, I haven’t really been thinking about the end of my contract or what’s going on with the future because all I wanted was to be back as quick as possible.
‘At the moment I was just happy to come back from injury, it was three long months – I was happy just to come back and be able to play again.
‘We haven’t been talking about anything so there isn’t anything I can tell you guys.
‘Now for me it is important to just get a few games and get into the match rhythm and then see how it goes.’