Alex Oxlade-Chamberlain remains unlikely to sign a new contract at Arsenal ahead of further talks this week about his future.
Arsenal are already understood to have made an offer in excess of £100,000-a-week but, amid interest from Chelsea and Liverpool, Oxlade-Chamberlain does not feel under pressure to make an immediate decision.
Although he has been starting Premier League matches more regularly in recent months than at any stage in his Arsenal career, opportunities in his preferred central midfield role remain limited.
Wenger is also preparing for Alexis Sanchez, Mesut Ozil and Jack Wilshere to enter the final years of their contracts. Sanchez is back in training and in contention to feature against Liverpool on Sunday but is likely to be the subject of a major offer in the coming days from Manchester City. Although Wenger has repeatedly said that Sanchez will not leave, there is still a feeling around Arsenal that this stance could soften if a huge bid was forthcoming.