​Arsene Wenger has not ruled out the possibility of becoming England manager, but has no plans to leave Arsenal before his contract expires.

Roy Hodgson resigned from the position after England were knocked out in the last 16 against Iceland in a truly disappointing Euro 2016 campaign, and the FA have now begun the search for the Three Lions' next manager. 

Wenger has been identified as the ideal candidate for the job, but the 66-year-old has a year remaining on his contract at Arsenal and is unwilling to quit the Gunners for the England post ahead of the upcoming season. 

Speaking to beIN Sports, as quoted by ​Goal, Wenger said: "I have a contract until 2017 with Arsenal and I have always respected my contracts, but I don't know what I'll do after.

"But it's a good challenge [to manage England] for any coach.

"The players are young, they have quality players. They can only do better."

Meanwhile, Gareth Southgate has ruled himself out of contention for the role of England boss after being the bookies' favourite for the job. 

Switzerland U21 v England U21 - European Under 21 Qualifier

Southgate is currently in charge of the England U-21 side and was expected to at least take over the senior team on an interim basis. 

But it appears Southgate has distanced himself from any sort of role with Wayne Rooney and co. 

Glenn Hoddle, who managed England from 1996-1999, has now emerged as a shock contender for the caretaker role. 

It remains to be seen, however, who the FA will now look to as Hodgson's permanent successor.