The report claims that Wenger is highly thought of by those behind the scenes at Bayern Munich - so could it finally be the moment we see him back in the dugout?
Bayern Munich president Uli Hoeness says the German giants expect to name Niko Kovac's replacement as a coach within three weeks, although Paris Saint-Germain boss Thomas Tuchel said Tuesday he is not interested in the job.
Some 24 hours later, he was relieved of his duties, with CEO Karl-Heinz Rummenigge saying in a press release that recent results meant there was a "need for action".
We all regret this development.
Kovac, a former Bayern midfielder, led the side to the league-and-cup double last season, becoming the first man to achieve the feat at the club as a player and manager.
Kovac's assistant Hansi Flick has been named interim coach. Bayern beat them 3-2 in the reverse fixture last month and the Greeks were defeated 3-1 by Red Star Belgrade in their only away match.
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The five-time European champions are big favourites at 1/6 (UniBet) to make it four wins on the bounce in Group B and book their place in the knockout phase with two games to spare. It was a good time. "I with the club and the team all the very best".
While assistant manager Hansi Flick will take charge for the upcoming games with Olympiacos and Borussia Dortmund, the global break which follows will give the club time to consider a long-term appointment.
Saturday's hammering by Eintracht was the club's worst league defeat since a humiliating drubbing at Wolfsburg by the same scoreline in April 2009.
Even Jerome Boateng was on the end of his words, having been sent off.
"On behalf of FC Bayern, I'd like to thank Niko Kovač for his work, in particular last season's Double".