The Gunners dropped to sixth place in the Premier League with a disappointing 3-1 defeat at West Bromwich Albion on Saturday, placing even more pressure on the French manager.
Some reports are indicating that Wenger is set to stay on as Arsenal boss despite the team’s poor run of form in recent times, doubled with their failure to win the league title since 2004.
Champions League football has been a prerequisite for the North London club over the years but failing to do so this campaign does not necessarily mean Wenger will walk away from the Emirates Stadium this summer.
“My decision will not necessarily be linked with that because I’ve done the top four 20 times. It’s more, it’s not that,” said the 67-year-old.
“I take a bigger perspective than that. It’s not the last result that will decide what I will do.
“It’s not (the end of the world), not any more. That was for a long time the case, but not today. Financially, I mean.
“Of course, on the sporting front it would be a blow, but financially the Champions League does not have the impact any more that it had five or six years ago because of the influx of the television money (to the Premier League).”
Source: Tribal football