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The popular midfielder has under six months remaining on his current deal and could walk away from the club on a free in the summer.
Talks over his extending his stay are ongoing, although it looks like Wilshere will have to accept reduced terms if he wants to continue his stay at the club he has been with since he was a boy.
The 25-year-old currently earns around £110,000 a week – but it is believed the club are now offering a basic wage of £90,000 a week, although that would be increased by various bonuses providing the England man’s fitness holds up.
At the end of December, Arsene Wenger said contract talks would take place in January and Wilshere stated he was sure he would extend his stay at the Emirates.
But so far there has been no announcement over a new deal – although Mesut Ozil did at least sign his own new contract last week to give the Gunners a boost following Alexis Sanchez’s exit.