Despite very different career paths, both managers are stalwarts of the English game - and both have been the subjects of headline stories this weekend.
The Daily Mirror reports that Redknapp could reportedly retire at the end of the season should he not achieve promotion with QPR.
The 67-year-old is said to have told close friends he will leave QPR at the end of the current campaign if he does not return them to the Premier League.
Redknapp's side won 2-0 at Birmingham on Saturday thanks to a brace from loanee Ravel Morrison, moving them to within six points of second-placed Burnley. Before this win, there had been a frenzy of speculation that suggested that the former Spurs boss could even be sacked by QPR due to a run of poor form.
The Mirror also reports that Wenger's Arsenal future is not completely certain just yet. Indeed, the Frenchman is said to want reassurances that he will hold complete control over Arsenal's transfer policy before finalising his new contract with the club.
Any delays appear to be mere formalities at this point, but the 64-year-old Arsenal boss is nevertheless anxious to retain his current level of authority at the Emirates Stadium.
How different the current predicaments facing Redknapp and Wenger are, though; only seasons ago, they were North London rivals, fighting for a top-four place. Football is, indeed, 'a funny old game'.
Should Redknapp stay at QPR if they aren't promoted ?
image: © Jenny Leigh