However, much to everyone's surprise, the Frenchman was awarded a new two-year deal, taking his stay in North London to nearly 23 years if he sees out his contract.
Mokbel referred to the £90 million Lemar deal Arsenal nearly got over the line on deadline day, when Alexis Sanchez missed out on his own move to City, but the Gunners believe their target will now be a lot more expensive.
Gazzetta state they'll have to beat Arsenal to it, and with the Gunners unlikely to make a managerial change midway through the season, they might just do that.
Wenger has never managed at an worldwide level, coaching instead at four clubs from Nancy to Arsenal.
Arsenal are now sixth in the table, 12 points behind leaders Manchester City, and face Tottenham in a massive north London derby this weekend.
Presidency celebrates Buhari's title as leader of Igbo people
The president also attended the unveiling of the statue of one of the founding fathers of Nigeria Akanu Ibiam. I want to assure you that we will deliver on our promise.
"Four or five weeks [at the World Cup] is a different experience, it's more concentrated", he said.
However, City remain interested and can expect to pay substantially less for Sanchez given his contract runs out at the end of the season.
And when asked if he would be in the dug-out at the 2022 World Cup in Qatar, Wenger was particularly coy on the subject.
"But I believe the real experience to manage a team is on a daily basis, I will not always have the physical strength to do that so maybe I will move into that".
"Until the end of my life I will be in football, I don't know in what kind of [role] as a director, as a manager...as long as possible as a manager, but one day that will stop".