The Arsenal boss revealed that he was not interested in Manchester City’s interest in Wilshere last month, claiming the Gunners did not have to sell their best players, but the Citizens have not listened and are looking to press ahead in their advances for the England international.
City are expected for a major summer shake up following a poor season, and Wilshere is believed to be near the very top of their transfer list.
Jordan Henderson was also a target but he has ended speculation of a move away from Liverpool by signing a new contract last week.
That means the reigning Premier League champions are willing to offer Arsenal £30 million in an attempt to land Wilshere.
The Gunners have sold top talents such as Emmanuel Adebayor, Kolo Toure, Samir Nasri, Gael Clichy and Bacary Sagna all to City in recent years, acquiring around £70 million in those deals but Wenger is not keen on taking that total to £100 million.
Wilshere has just returned to the squad following his latest injury setback, but his place in the team is no longer guaranteed, especially given Francis Coquelin’s rise to prominence this year, and a move away could be on the cards.
Arsenal are keen to discuss a new contract with the 23-year-old midfielder, despite the fact he has three years left on his current deal, and the club appear desperate to retain the services of their academy product.