Arsene Wenger
Arsene Wenger is under contract at Arsenal until the summer of 2017.Getty

Arsene Wenger has refused to step down at Arsenal ahead of next season despite another disappointing campaign that has seen the Gunners fail to come near to any silverware. Wenger confirmed the club are in talks to renew the contracts of Alexis Sanchez and Mesut Ozil as the stars are both "keen" to remain at the Emirates Stadium, but talked down reports linking him with a move for Leicester City standout Riyad Mahrez.

Arsenal effectively waved goodbye to their slim hopes of winning the Premier League last weekend, with a 1-1 draw at home to Crystal Palace leaving them 13 points behind leaders Leicester City. The Gunners may even be in danger of missing the Champions League spots as Manchester United are just four points behind them with five games to go.

Back-to-back FA Cup wins in the previous two seasons had seen criticism of Wenger die down among fans. However, the current term has seen the boss come under intense scrutiny, with many supporters displaying banners voicing their discontent at the Emirates Stadium.

However, Wenger has insisted he has no intentions of leaving the club this summer and wishes to respect his current contract, which expires in 2017.

"I do not want to comment on that. I always respect my contract," Wenger said in the press conference, while expressing his confidence in securing a top-four spot.

"It is important, of course," he added. "We want to win our games, instead of focusing the table I think it is very important to focus on the process and quality of what we do.

"At the moment it is frustrating as there is a lot of quality in our game, but we have not exactly got the wins that we wanted. We have to focus on that. We want to finish as high as we can. It is not a consolation, it is about getting the best out of the team and focusing and giving everything in every single game. We need to show we have the mental level to compete until the end.

Wenger is already planning for the future of Arsenal, with the retention of Sanchez and Ozil among the key items on his agenda. The French boss confirmed negotiations to tie the pair to a long-term deal at North London were under way, even though both have two years left to run on their contracts.

"These two players have two years on their contracts at the end of the season. We are not in a hurry. We are talking and the players are very keen to stay," he said.

The Sun recently reported Wenger isready to make a move in the summer for £25m-rated Riyad Mahrez, who would presumably join Sanchez and Ozil in his attack.

But asked about those rumours, Wenger said: "No, and even if there was I would not speak about that at this stage of the season [out of] respect to Leicester."