European giants line up shock move for under-fire Arsenal boss Arsene Wenger

Wenger's future is hanging in the balance after another traumatic week at Arsenal.

Wenger's contract expires in the summer and the two-year extension which is on the table remains unsigned.

Arsenal released a statement yesterday suggesting it would be collective decision from the board and Wenger if he were to stay following fan protests.

The Gunners were humiliated in the Champions League by Bayern Munich, losing 10-2 on aggregate, and fans marched ahead of the game and called for change at the top of the club.

Wenger has insisted he wants to stay in management even if he does leave Arsenal and one option could be a move back to France.

Wenger has been approached by PSG in the past and the Daily Mail claim they could make another move this summer.

Unai Emery has struggled in Paris after replacing Laurent Blanc and his future looks uncertain after the defeat to Barcelona this week.

PSG let a 4-0 lead slip and conceded three goals in seven minutes to go out despite scoring an away goal at the Nou Camp.

Wenger's stock remains high with PSG chairman Nasser Al-Khelaifi and he could be tempted to work on a new project.

Wenger was also linked with the Barcelona job after Luis Enrique announced he would be leaving in the summer, but when asked about the possibility of moving to the Nou Camp he insisted he was only focussed on Arsenal.

And Wenger is going to take the fans' feelings at Arsenal when he makes his decision.

"Yes, fans’ opinion will have an impact on my decision, you consider everything," Wenger said.

"It will not be the most important factor, but of course, you consider it."

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