Rumor has it that Ozil would like a 300k per week deal to stay at The Emirates stadium.
Initially, it was thought that the Gunners had given up on keeping hold of the German beyond the summer, but according to The Sun, the club have achieved a stunning breakthrough in regards to the contract extension and the negotiations are "very very close".
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Arsenal would be best served selling Ozil for what they can this January rather than allowing a player who doesn't seemingly care if Arsenal win or lose to have a historically expensive contract at the club.
As things stand, it appears that the Gunners have no intention of leaving their assist king and might even persuade the former Real Madrid man into signing a new contract. Ozil is a phenomenal footballer who is writing his own story that has nothing to do with Arsenal football club.
Ernesto Valverde's men are considering a €20m swoop for the World Cup victor in the January transfer window, though Arsenal boss Wenger recently insisted that the German will stay in north London until the end of the season, alongside fellow wantaway Alexis Sanchez.
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Petit feels Arsenal are capable of challenging for a top-four finish, with there plenty of positives to take from their last Premier League outing against Manchester United despite suffering a 3-1 defeat. Arsenal sit 5th in the standings, only a point off Liverpool in 4th.
Wenger was pleased with how Ozil changed the game and made Arsenal play their best football in the second half. It may be a wise move for all parties involved that Ozil stays put at the Emirates.
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He forces teams to make decisions on if you're going to double-team him or play one-on-one and try to take away the other guys. They shot just 29 from the field in the second half (16-of-55), and did not have any fast break points in the second half.