The Dutch striker — who has one year left on his current deal — took to his website to end speculation over his future this afternoon.
Van Persie confirmed that after a meeting with club chief executive Ivan Gazidis and manager Arsene Wenger it became clear that they disagreed on the way Arsenal should move forward.
Last season's Premier League top scorer added that no financial terms or a contract were ever discussed and he will hold further meetings with Gazidis this month.
Arsenal later released their own statement stating they expect their star forward to see out the remainder of his contract.
The club statement read: "We have to respect Robin's decision not to renew his contract.
"Robin has one year to run on his current contract and we are confident that he will fulfil his commitments to the club.
"We are planning with ambition and confidence for next season with Arsenal's best interests in mind."
Van Persie earlier said on his official website: "I have kept quiet all this time out of respect and loyalty for the club and as agreed with Mr Gazidis and Mr Wenger, but since there is so much speculation in the media, I think it is fair for you guys to know what’s really going on at the moment.
"As announced earlier this year I had a meeting with the boss and Mr Gazidis after the season.
"This was a meeting about the club’s future strategy and their policy. Financial terms or a contract have not been discussed, since that is not my priority at all.
"I personally have had a great season but my goal has been to win trophies with the team and to bring the club back to its glory days.
"Out of my huge respect for Mr Wenger, the players and the fans I don’t want to go into any details, but unfortunately in this meeting it has again become clear to me that we in many aspects disagree on the way Arsenal FC should move forward.
"I’ve thought long and hard about it, but I have decided not to extend my contract. You guys, the fans, have of course the right to disagree with my view and decision and I will always respect your opinions.
"I love the club and the fans, no matter what happens. I have grown up and became a man during my time with Arsenal FC.
"Everybody at the club and the fans have always supported me over the years and I have always given my all (and more) on and off the pitch.
"I am very proud of being part of this fantastic club for the last eight years.
"As soon as Mr Gazidis is back from his two-week holiday in America further meetings will follow and I will update you if and when there are more developments."
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