Arsenal manager Arsene Wenger has emphatically denied reports that he has been offered a two-year contract to take over at Paris Saint-Germain, labelling them as “fake news”.

The Frenchman’s current Arsenal contract expires at the end of the season, although he has repeatedly insisted he has no plans to retire from the game.

And with Unai Emery struggling in his first season at PSG – with the club second in Ligue 1 and out of the Champions League after their extraordinary defeat by Barcelona – Wenger had emerged as a possible contender for the position.

Arsenal candidates to replace Arsene Wenger Show all 11 1 /11 Arsenal candidates to replace Arsene Wenger Arsenal candidates to replace Arsene Wenger Joachim Löw Age: 58

Current club: German national team

Honours: Austrian Bundesliga, 2001/02

Fifa World Cup, 2014

Fifa Confederations Cup, 2017 Getty Arsenal candidates to replace Arsene Wenger Mikel Arteta Age: 35

Current club: Manchester City Getty Arsenal candidates to replace Arsene Wenger Brendan Rodgers Age: 44

Current club: Celtic

Honours: Championship playoffs

Scottish League Cup

Scottish Premiership Getty Arsenal candidates to replace Arsene Wenger Leonardo Jardim Age: 42

Current club: Monaco

Honours: Segunda Liga

Superleague Greece

Greek Cup

Ligue 1 Getty Arsenal candidates to replace Arsene Wenger Patrick Vieira Age: 40

Current club: New York City FC

Honours: None Arsenal candidates to replace Arsene Wenger Diego Simeone Age: 47

Current club: Atletico Madrid

Honours: Argentine Primera Division x2 (Estudiantes de La Plata and River Plate)

La Liga

Copa del Rey

Spanish Supercup

Europa League

Uefa Super Cup Getty Arsenal candidates to replace Arsene Wenger Domenico Tedesco Age: 32

Current club: Schalke Bongarts/Getty Images Arsenal candidates to replace Arsene Wenger Massimiliano Allegri Age: 49

Current club: Juventus

Honours: Serie C1 (Sassuolo)

Serie A x3 (AC Milan, 2x Juventus)

Italian Super Cup x 2 (AC Milan, Juventus)

Coppa Italia x 2 (Juventus) Getty Arsenal candidates to replace Arsene Wenger Thomas Tuchel Age: 44

Current club: Free agent

Honours: DFB-Pokal Getty Arsenal candidates to replace Arsene Wenger Luis Enrique Age: 47

Current club: Free agent

Honours: La Liga x2 Copa del Rey x3 Supercopa de Espana Champions League Super Cup Club World Cup Getty Arsenal candidates to replace Arsene Wenger Carlo Ancelotti Age: 58

Current club: Free agent Intertoto Cup (Juventus) Serie A (AC Milan) Coppa Italia (Ac Milan) Supercoppa Italiana (AC Milan) Champions League x3 (AC Milan x2, Real Madrid) Super Cup x2 (AC Milan) Club World Cup (AC Milan) Premier League (Chelsea) FA Cup (Chelsea) Ligue 1 (Paris Saint-Germain) Copa del Rey (Real Madrid) Bundesliga (Bayern Munich) DFL Supercup x2 (Bayern Munich) Bongarts/Getty Images

But in an interview with BeIN Sport, Wenger shot down suggestions he could move to the Parc des Princes.

“It is not true,” he told them. “That is was what you call fake news. I formally deny it.”

The 67-year-old has kept the footballing world guessing if he will sign a new contract with the Gunners but declared after Saturday's 3-1 defeat at West Brom that he has made up his mind.

That loss at the Hawthorns was Arsenal's fourth in their last five Premier League games and they now sit sixth in the table.

Wenger has increasingly split the Arsenal fan-base with two protests organised before recent matches and two planes flown over the West Brom game carrying conflicting messages - one of support and one against any new deal being signed.

West Brom stunned Arsenal at The Hawthorns (Getty) (Getty Images)

“Don’t worry, I know what I will do in my future,” he said.

“You will soon know. Very soon. You will see.”