Reading between the lines I think we'll be getting a new manager in the summer.

Supposedly the deal was on the table for a long time and all he had to do was sign but then results went badly south culminating in the 10-2 and Keswick comes out and says we'll do what's right for the club in the long term, Wenger then says he's made up his mind but can't say what it is or when he's going to confirm it, rumours circulate over a possible new 1 year deal and then more rumours about a wholesale change on and off of the pitch with players and coaching staff leaving and then yesterday he did a sky interview implying that it wasn't his fault the contract hadn't been sorted out as yet.

Reckon the board have decided it's time to move on and they're just working on the long term setup, looking at targets (manager, staff and players) and doing their numbers.

If it's looking a bit shaky then they can fall back on a 1 year extension...if not then its Sayonara as the Chinese say