Sagna was reportedly disappointed with the terms of the 12-month extension offered by Arsenal, with the full-back said to be seeking a longer deal and more than his current £60,000-a-week wages.
However, Wenger maintains those reports are misleading and the France international is on course to sign a new contract with the Gunners.
“I do not understand these speculations,” Wenger said ahead of Saturday’s Premier League clash against West Brom at Emirates Stadium
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