The 'Gunners' boss announced on Friday that he will leave his post at the end of the season, bringing an end to his remarkable 22-year tenure at the club.
Naturally, that has got everyone speculating as to what he will do next, with the 'Sunday Mirror' reporting that he will be approached by the French giants.
Former Borussia Dortmund boss Thomas Tuchel is expected to take over from Unai Emery in the summer and Wenger is being sounded out over a presidential role that would see him deal with the running of the club, leaving the German to hanndle first-team affairs only.
During his long career, Wenger has ammassed a wealth of knowledge and a contacts book matched by very few in the game,
Few figures are as universally respected as the 68-year-old, who is not thought to be ready to retire from football quite yet, making him the perfect candidate in the eyes of the Parisians.