Wenger’s contract expires at the end of the campaign but the Premier League’s longest-serving manager is in no hurry to open negotiations just yet.
The Frenchman did not sign his previous three-year deal until May 2014, just after Arsenal had ended a long drought to lift the FA Cup.
Wenger, who celebrated his 20-year anniversary in September, will once again keep Arsenal waiting by revealing he will not begin any talks this time around until April.
“I’ve always said that I will judge where I stand in the spring and make my decision then,” said Wenger.
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“And the club is free as well. It’s not because I’m here a long time that I have any rights. We are both on the same boat.”
Asked whether the club are happy for him to bide his time, Wenger said: “Yes.
“There are plenty of managers who arrived at the end of their contract. It happened to me before. I signed sometimes in March, April for longer contracts. So I don’t think it’s a problem.”
Wenger, 67, has led the Gunners to nine major trophies since arriving in September 1996.
In that time he has also plotted Arsenal’s route to the Champions League knockout stages for 17 successive seasons.
Despite back-to-back defeat seeing Arsenal slip off the pace in the Premier League title race, there are no suggestions his current £8million-a-year-agreement could be his last in north London.
“I worked everywhere I was until the last day of my contract with total commitment,” he said.
“That’s why maybe I can go back everywhere I was, because people respect that.”