The 27-year-old has two years remaining on his deal with Arsenal and has been in scintillating form of late.
“At the end of the year they have two and a half years on their contracts and we have some time. We are not in a hurry and we of course want them to stay,” Wenger was quoted as saying by Sky Sports.
“We will start the negotiations at some stage but at this point we have not started. From the new year to the summer we will certainly start it with all the players who have two years to go at the end of the season.”
The 27-year-old is currently reported to earn a total of £12.43 million per-season, £8.43 million of which stems from salary and bonuses while £4 million derives from sponsorship which makes him the highest paid Gunners player in the current team.
The World Cup winner has been in impressive form for the north London based club and no other player in Europe’s top five leagues has as many assists this season – England, Italy, Spain, Italy, Germany.