Having misplaced to Watford, Chelsea and Liverpool in current weeks, the North London membership are successfully out of the Premier League title race, whereas they're unlikely to overturn a 5-1 deficit to Bayern Munich within the Champions League on Tuesday.
"You don't make this type of choice focussing on one outcome or two dangerous outcomes," the 67-year-old advised British media."It's a must to take a much bigger image and see in case you can you're taking this membership to the subsequent degree, take your self to the subsequent degree. Are you able to pay the worth for that?
"However as nicely this determination shouldn't be essentially linked with two weeks out of 20 years you recognize in order that's principally... I do not really feel I field myself in a nook."
Wenger, who has been within the job since 1996, reiterated his stance that he wanted to see how his fifth-placed aspect completed the present season earlier than making up his thoughts.
"I have never decide but. I am going to wait a bit and see how the season finishes right here," he added.
"I have been right here for 20 years and assume I've constructed the membership up. It is necessary for me that we're all the time profitable and that is why I've given myself a little bit of time."
Following their midweek European conflict towards Bayern, Arsenal will shift focus to FA Cup quarter-final towards fifth-tier Lincoln Metropolis on Saturday.