The 67-year-old has kept the 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.

The Frenchman has previously said if he is to end his two-decade association with Arsenal he intends to manage elsewhere, with PSG the logical move given their wealth and the stuttering form under Unai Emery.

But Wenger insists he has not already been approached by the Parisians, who were in Arsenal’s Champions League group this season.

“It is a false rumour, that is what you call ‘fake news’. I formally deny it, it is not true,” Wenger told beIN Sports.

Despite their hapless league form and an English-record Champions League aggregate defeat at the hands of Bayern Munich – who won 10-2 against Arsenal over the two legs of their round of 16 tie – several reports claim Wenger is set to sign the two-year deal currently on the table.

Either way, Wenger said the announcement would be made “very soon”, with a tough league meeting with Manchester City to come after the international break and an FA Cup semi-final against the same opponents also on the horizon.

Wenger has received support from Arsenal striker and compatriot Olivier Giroud, who claims everyone at the club wants to see him stay.

“We want Arsene Wenger to renew his contract, to continue his adventure, because we support him,” Giroud told French television.

“We hope we can win the cup and that Arsenal qualify for the Champions League.”

-PA