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The Gunners sent scouts to watch the 20-year-old playmaker star in his team's Copa Libertadores triumph earlier this week.
And boss Arsene Wenger was said to be close to sealing his first big summer signing with a ÂŁ20m bid for the pint sized star.
But having confirmed the north London outfit were interested in Bernard, the player's father also revealed his son had been convinced by Porto star Hulk to join him in Portugal.
He told O Jogo: "Nothing is decided yet, but we know there is an interest from Arsenal.
"There has been nothing official from them. Hulk has convinced Bernard that Porto move would be better for him at this stage of his career. Porto would be a better move for his career."
And agent Adriano Spadotto has also indicated Bernard was most likely heading for Primeira Liga action or to Shakhtar Donetsk.
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