The 21-year-old has been the subject of intense transfer speculation in recent months, after rising to prominence at Estádio José Alvalade, following a series of impressive Primeira Liga performances.
Red Devils boss David Moyes has been credited with an interest in bringing Carvalho to Old Trafford, as he looks to strengthen his midfield department in the mid-season window.
However, recent reports have in fact suggested that Arsene Wenger is the one preparing a £12million bid to lure the Manchester United target to the Emirates Stadium this month, as the French tactician looks to maintain Arsenal's Premier League title challenge this year.
With two goals in 13 league appearance for Leonardo Jardim's side in 2013/14, Carvalho's stock continues to rise, but Sporting will reject any offers they receive - from the Gunners or any other suitor - between now and the end of the season.
"We are not interested in the exit of this player," De Carvalho told Portuguese newspaper.
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