Giuseppe Rossi has been linked to Arsenal and Zenit St. Petersburg. Surely Rossi would not be very interested in heading off to St. Petersburg. Nothing against Russia, but the league up there is not the best in Europe, and it does not seem like that would advance his chances with the Azzurri.
I could see the Arsenal move as a possibility, as Arsene Wenger likes to go with youth, but I doubt it would happen. If Emmanuel Adebayour is on his way out, Arsenal will need to pick up someone with a little more size up front. Arsenal is more of a style team, of course, but without any size on the pitch in the Premiere League, you aren't going to have much of a shot.