The report claimed that the team owners are the ones who are pushing for Wenger to be at the helm and that intense talks have been going on for the past weeks.
On the other hand, Saint-Germain, are also planning to recruit Wenger as the club's sporting director.
'If I would sign somewhere I would tell you but it is wrong news'.
"The only thing I can say is that it's fake news", Wenger said while on beIN Sports.
"I cannot master the rumours, I can only master what I do in my life".
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Drew was initially unwilling to accept the interim head coach label from the Cavaliers without a restructured contract. Keep in mind, the Cavaliers just gave him a four-year extension worth $120 million this past offseason.
Wenger has been without a club since leaving Arsenal at the end of last season, 22 years after taking over the Gunners in 1996. I don't want to lie and that's why I can't give you any information.
"That's wrong as well, I'm at the moment just focused on doing well for beIN Sport and that's not easy!" "He proved it for many years", he said.
However, while he recently said he is keen to return to football management at the start of 2019, Wenger has denied that he is set to be appointed at the San Siro.
"But at the moment I can not tell you [about my future] because I don't know".
"I don't know yet".
In an interview with Sky Sports, Arsene Wenger has expressed his desire to return to coaching.
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