I don't support Cliff's vehemence when it comes to Wenger, but the vast majority of my Arsenal supporting mates believe Wenger's time has come, and he needs to move on - and at the very least stop with the media games of "I know what I'm doing but I'm not going to tell you". His side's form can't get any worse, why not just come out with it.
He doesn't help himself, by two weeks ago stating he has made his decision, and will let people know after the international break, and now coming out yesterday with “I’ve always been very clear in my mind. I will remain like that. It’s a subject that, at the moment, is not sorted completely out. But anyway, do I stay two months or two years? My commitment will be exactly the same.”
As others said, he's obviously staying, and will announce it when the side manages to beat someone decent. However with only 1 point away all season against top-10 sides and a brutal set of fixtures coming up, with the side odds on for Europa, ArsenalFanTV are going to be getting their ad revenue rolling in.
What is more likely, is he will announce a new contract on the final day of the season, if the team does actually achieve CL football - he can pull the narrative of "see we got CL again anyway in a difficult season", or "I want to help the team transition to a new manager and we want CL football to do this", if he only hits the Europa. Though frankly I consider that our level at the moment.