Paris Saint-Germain have joined the race to sign jet-heeled Arsenal defender Hector Bellerin, according to Le10 Sport.
Bellerin, whom Wenger signed as a teenager from Barcelona before the Catalans had offered him a professional deal, is widely considered one of the most exciting young defenders around by virtue of his displays.
And speculation has mounted that the big-spending French champions will submit a bid for his services this summer, per Le10 Sport.
PSG boss Laurent Blanc is thought to be in the market for another right-back, with Serge Aurier strongly expected to be leaving les Parisiens at the end of the season.
Wenger will be desperate to keep hold of the youngster. He is an essential first-team figure who has started 28 of Arsenal's 30 Premier League games so far this season.
Furthermore, the Gunners do not exactly have a ready-made replacement in the event that he were to be sold, with Calum Chambers and the injured Carl Jenkinson their only alternatives at the moment.
It was reported by Sport1 in recent days that Bayern Munich are also keen, with the Bavarians viewing Bellerin as a long-term successor for the aging Philipp Lahm in Munich.