The star duo are both in the final year of their contracts at the Emirates Stadium with several of Europe’s high-profile clubs monitoring the situation.
Alexis has made it clear to the Arsenal board that he has no intention of signing a new deal, with Manchester City and Paris Saint-Germain the main candidates to snap him up.
Ozil, meanwhile, is attracting interest from Manchester United and Barcelona, but he remains happy in north London and his agent, Erkut Sogut, revealed on Wednesday that talks over a contract extension at Arsenal are heading in a “positive” direction.
However, Wenger says it remains possible that both players could leave in the winter transfer window.
Speaking ahead of Arsenal’s Premier League clash against Watford on Saturday, he said: “In our situation, we have envisaged every solution. It is possible.”