The Gunners boss says he would rather be rewarded with new terms based on his achievements over the current campaign, despite having 10 months left to run on his current deal.
The Frenchman's contract expires at the end of the season, but he insists he will not allow the situation to distract from his mangerial duties. The 63-year-old says he wants to be judged on his peformance at the end of the campaign and wants to be rewarded with a new deal accordingly.
"My own situation? We are not in a hurry. We are in September and my contract ends in June," Wenger told reporters. "There’s a long way to go. There are no talks planned. I want to do well for this club, at the end I will sit down and decide how I have done for this club. Then I will say yes or no.
"You judge a manager on how he does with his team."
Wenger's Arsenal side faces Jozy Altidore's Sunderland on Saturday as the Premier League slate gets back underway following the international break.