Wenger's future was plunged into further doubt following his side's 2-1 loss to Brighton on Sunday. It was the Gunners third consecutive loss in the Premier League and renders their chance of making the top-four hopeless.
The 68-year-old is under contract until the end of next season, but the recent fall from grace is likely to persuade the board to remove their long-standing manager.
But Wenger won't have to wait long for a new job opportunity to arise.
Moshiri wants to make a splash with his new appointment and believes Wenger is the perfect candidate.