"It's a possibility that he will move, yes, in the next two to three days," Wenger told reporters at his Friday press conference. "I cannot can tell you much more because we have not come to any conclusion yet."
Asked if he was in the market to replace Jenkinson, Wenger replied: "We have still Mathieu Debuchy, we have Gabriel, we have [Hector] Bellerin. We are not short in this position, so that's why we allow one of the players to go out, because they have less opportunities to play."
Jenkinson has been with the Gunners for five-and-a-half years but has been restricted to just 38 Premier League appearances for the side during his time at the Emirates.