Liverpool goalkeeper Pepe Reina would welcome a return to Barcelona next summer.
Sheffield Wednesday chairman Milan Mandaric has confirmed Neil Warnock is on a five-man manager's shortlist.
The manager's position has come under increasing scrutiny in recent times, with some Arsenal fans growing frustrated with their lack of success in recent years.
Having bowed out of Champions League on Wednesday, the Gunners have now gone eight years without silverware, although they have not finished outside the Premier League's top four since 1996.
Wenger remains a highly-respected coach and he is continually linked with rival clubs, with Real Madrid and Paris St Germain among those mentioned in recent months.
But the Frenchman remains steadfastly loyal to Arsenal, and his stance does not look like changing.
"I still have desire," he told beIn Sport.
"I am under contract until 2014 and I am used to fulfilling my contracts."