The 67-year-old former Monaco boss is currently the longest-serving manager in English football having spent 20 years at Arsenal though he is still behind former Manchester United manager Sir Alex Ferguson who spent 27 years at Old Trafford.
Wenger’s existing deal expires in May but he is no hurry to commit himself until a month before it is due to end which is April 2017.
“I will judge where I stand in spring and make my decisions then,” Wenger told reporters at his pre-match press conference on Friday.
“And the club is free as well. It’s not because I am here a long time that I have any rights. We are both on the same boat.
“There are plenty of managers who arrived at the end of their contract. It happened to me before. I signed sometimes in March, April for longer contracts.
“So I don’t think it’s a problem. I worked everywhere I was until the last day of my contract with total commitment. That’s why maybe I can go back everywhere I was, because people respect that.”
Wenger’s reluctance to put pen to paper may be a smart move by the Frenchman to access his team’s Premier League position before May to see if he will be winning or not and he will want to sign on the loudest ovation and if Arsenal fail to win the title again, he might as well throw in the towel and walk out of the club he joined in 1996.
Wenger has failed to win Arsenal the league title in 12 years and that could end up being the deciding factor in his long-term commitment to the north London outfit.
The Gunners play host to West Bromwich Albion tomorrow in the Premier League as they look to close the six-point gap between them and league leaders Chelsea.