Arsene Wenger has dismissed reports that he has been approached by French champions Paris Saint-Germain as "fake news".
The under-fire Arsenal manager was reported to have been offered a two-year deal to take over from Unai Emery at the Parc des Princes next season.
Wenger's Arsenal future is the subject of intense speculation after a poor run of form that has left the Gunners out of the Champions League and out of touch with Premier League leaders Chelsea.
Some Arsenal fans have staged protests calling for Wenger to step down at the end of the season when his current contract expires.
The Frenchman has said he as already made a decision about his future, yet that appears unlikely to be in the French capital.
"A contract with PSG?" said Wenger on Tuesday, "I formally deny that."
"That is a false rumour, it is what you call fake news. I formally deny it, it is not true."
Two planes were flown over the Hawthorns during Arsenal's 3-1 loss to West Bromwich Albion on Saturday, one carrying a message baring "Wenger Out" and the other "In Arsene We Trust".
The 67-year-old, who said he did not pay attention to the airborne debate, told a press conference "you will soon know" about whether or not he would continue to stay at The Emirates.
Arsenal say that any decision will be made mutually between club and manager and "communicated at the right time in the wight way".