The Frenchman, who will turn 64 next month, has received the full backing of owner Stan Kroenke as his young team look to deliver a first trophy since 2005 with the London club embarking on what they hope will be a new chapter backed by increased financial resources, which helped secure the record £43million signing of Mesut Ozil from Real Madrid.
Following the disappointment of an opening-day 3-1 home defeat by Aston Villa, Wenger has since guided Arsenal safely into the group stages of the Champions League, to the top of the Barclays Premier League table and on Wednesday night saw the next generation come through a penalty shoot-out in the Capital One Cup at West Brom.
Wenger remains relaxed about his own long-term future, but made it clear he would have no issue with signing on again for the Gunners.
"Yes I turned many offers down because I rate what I've got here and I always thought that this club is special on that front. In our job it is important to know what you want and I rated the qualities that this club has always shown," said Wenger, who takes his side to Swansea for Saturday afternoon's late kick-off.
"I am very grateful to this club because during the 17 years we had ups and downs. They have always shown a big faith in me and they always let me do the job like I thought it had to be done, and if I am still here today it is because I got that consistent support from inside the club.
"Honestly, I would love to be here forever because that would mean I would be immortal! I am (though) not naive enough to believe that. What I would like to do as long as I am here is give my best for this club because I love this club, of course."
Wenger added: "I am very honoured to have the support of Stan Kroenke. That he thinks I can help the club is a huge confidence vote. That is something for me that is very positive."
On the continuing negotiations, he said: "(We will do it) when we find time. I don't think that is the most important problem at the moment.
"The good thing with me, if I have one quality, (it is that) you don't need a lot of talks to extend the contract I have.
Source: PA
Source: PA