Arsene Wenger maintains he will only leave Arsenal if he no longer feels up to the job.
Gunners chief executive Ivan Gazidis has indicated the club are ready to offer the long-serving Frenchman fresh terms before his current deal expires in the summer of 2014.
Wenger has transformed the fortunes of the north-London outfit since his arrival as a relative unknown in September 1996. The Frenchman turns 63 next month, and accepts only he can really be the judge of when to finally call it a day at Emirates Stadium.
"I have been at the club long enough to have confidence in the people I work with, but I will assess my own performances and then make a decision, at the moment we are not there," said Wenger, whose side resume Premier League action against Southampton on Saturday.
"Two years is a long time in my job. I just want to do well for the club as long as I can and accept all the rest.
"I have to consider that at my age, you always have to assess if you have the fitness, the desire, the commitment that this job demands.
"Then of course you have to make your decisions. I hope I will be lucid enough and intelligent enough to assess my performance well."
Wenger added: "I am an Arsenal man. I think I have always shown that. I have to consider if I do well or not.
"If I don't do well, I have to consider my future."