Arsene Wenger is reportedly putting on hold any talks with Arsenal regarding a new contract until the end of the season, with the Frenchman set to assess his future in the summer.
Arsenal are languishing in tenth position in the Premier League with 21 points from 15 fixtures, and have endured their worst start domestically since Wenger joined the club from Nagoya Grampus in 1996.
Wenger's current deal with Arsenal does not expire until 2014 and Gunners chief executive Ivan Gazidis has previously confirmed that the 63-year-old will be offered another contract.
But, according to Goal.com, Wenger has informed the Arsenal hierarchy that he wants to put any discussions about an extension on the back burner until the summer, when he can take stock of his position at the Emirates Stadium.
With Arsenal in danger of failing to qualify for the Champions League for the first time during Wenger's reign in north London, the Frenchman may consider to bowing to mounting pressure from fans and secede his position at the helm should they miss out on the top four.
Should Wenger decide to call it a day at Arsenal, then former Barcelona boss Pep Guardiola is favourite with the bookmakers (7/2) to replace him.