This came after a turbulent week for the Frenchman, with several ex-players claiming his time in charge was coming to an end following the 5-1 defeat to Bayern Munich.
But former Gunner Merson doesn't see Wenger retiring like Sir Alex Ferguson did when he left Manchester United.
Paul Merson believes Arsene Wenger has put the onus on Arsenal to decide his future
“The man loves football" Merson told Sky Sports.
"He is not like Sir Alex Ferguson. Sir Alex Ferguson has a social life, he goes horse racing, he plays golf and he gets around.
“For Arsene Wenger, football is his life. His life is Arsenal Football Club.
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Arsenal boss Arsene Wenger is out of contract at the end of the season
"He has put all his life into this and he will not know anything else.
“If he retired tomorrow, he wouldn’t be at Doncaster races or York races, he is football mad.
"He has probably said that he is going to manage next season to put the onus on Arsenal.
“It has been same old, same old for the past four or five years, but that was the first time I have ever seen him lost [against Bayern].”