The French tactician has been a long-term target for the Qatari-owned Ligue 1 club, with reports back in Wenger's homeland suggesting he is weighing up a move.
Former Chelsea boss Carlo Ancelotti is already under pressure at Parc des Princes, with PSG having slumped to fourth in the domestic table.
But, Wenger - who is under contract at the Emirates Stadium until 2014 - has distanced himself from rumours that he is being lined up as Ancelotti's successor, maintaining he will honour his Gunners contract.
When asked about the reports emanating from France, the 63-year-old said: "It is the wrong information, believe me. I always honour my contract."
Arsenal are currently languishing in 10th place in the Premier League table, with Wenger enduring his toughest test since joining the club in 1996.
Angry supporters voiced their frustration after Saturday's 2-0 home defeat at the hands of Swansea City, and last night's 2-1 loss to Olympiakos in Greece, which meant Arsenal qualify as runners-up in Champions League Group B, is unlikely to have improved the outlook of many fans in north London.
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