Arsene Wenger has come under increasing pressure after the Bayern Munich loss

The Gunners boss came out fighting yesterday and is adamant he will not be retiring or moving upstairs if he does quit the Emirates this summer.

And it is understood the 67-year-old is not interested in a move to China because he still feels he can manage at the top of the game.

Wenger’s future was thrown into doubt after Arsenal’s 5-1 Champions League humiliation against Bayern Munich and he is closer than ever to leaving the club.

But ahead of Monday’s FA Cup trip to non-league Sutton, he said: “No matter what happens, I will manage next season, whether it’s here or somewhere else. That’s absolutely for sure.”

The days of European giants like Real Madrid, Barcelona and Paris St-Germain courting Wenger look long gone.

But there could be vacancies at both Inter and AC Milan this summer, while Sevilla and Athletic Bilbao could be among several Spanish clubs looking for a new coach.

Wenger confirmed he could make a final decision on whether to bring down the curtain on 20 years at Arsenal as early as next month.

But club insiders are increasingly convinced he is preparing to walk away, and have already put feelers out to potential replacements.

Juventus boss Max Allegri and Monaco’s Leonardo Jardim are among those being looked at. Bournemouth’s Eddie Howe also still has his admirers at the Emirates.

But while sources close to Atletico boss Diego Simeone claim he too has been sounded out by intermediaries, it is understood he is not high in Arsenal’s hit list.

Wenger also told angry Arsenal fans to get real yesterday, and warned them to be careful what they wish for should he leave.

He said: “Even if I go, Arsenal will not win every single game in the future. Arsenal had less Champions League games when I arrived than I had in my career already.

“It is not like when I arrived Arsenal had already won the European Cup five times - they had never won it so you have to take into perspective some demands.

“I think what is important is that the club makes the right decision for the future. I do not work here for 20 years not to care about this club. I care about it’s future.

“It is very important that the club is always in safe hands, whether that is me or someone else, which I am sure it will be.”

Laurent Koscielny will not be risked against Sutton as he awaits the results of a scan on a thigh injury .

Alexis Sanchez is in Barcelona to deal with his court case over alleged tax fraud but will return to full training before Monday’s game.