Germany global Ozil, 28, left the Estadio Santiago Bernabeu for the Emirates Stadium in summer 2013, and has won two FA Cups with the Gunners, while his former Blancos teammates have since lifted the Champions League twice.
Arsenal are eyeing Ralph Hasenhuttl as Wenger's successor, according to reports.
'I am very happy playing in such a big club like Arsenal, which has incredible fans and they also encourage me a lot, ' he told Marca.
Furthermore, in a meeting with Marca, Ozil was specifically inquired as to whether he would be interested in playing for Madrid again - and grinned "you never know". Now I am happy at Arsenal, but you never know what can happen in the future.
With Zinedine Zidane in charge, it seems Ozil could be tempted back.
"Zidane was always my idol". "From a little boy I always watched his games and wanted to be like him". It strikes me that we often hear this sort of thing when a player is in talks over a new contract and I think these snippets of "news" about a player wanting to move on are often leaked to the press in order to sharpen the pencil of the club trying to get their stats to extend their deals.
Marca reckons that Ozil has already offered himself to the Madrid outfit, which is unlikely to be news that endears him to Gunners supporters. Then as I reassured me, he gave me confidence and had a great relationship'. Now he is a great coach.
The champions league remains the only trophy eluding the German star who have won the biggest trophy in the world with Germany which is the 2014 FIFA World Cup.
After the German's departure from the Bernabeu in 2013, Spanish paper AS reported that Cristiano Ronaldo told Portugal teammates: "The sale of Ozil is very bad news for me".
The 28-year-old, who spent three seasons with Los Blancos from 2010 to 2013, is yet to renew contract with his current club, and said that he has fond memories of playing for all-whites. In fact, in the case of Di Maria he forced the issue so the Argentinean felt pushed out.
"Madrid is an enormous club, I played with some fantastic players, I still have friends there", he said. "Many send me messages and ask me to come back, so I have only good memories from there", said the Germany worldwide. "I thank them for it".
It is clear that Ozil still has fond memories of his time at Real Madrid, and given their recent success it is understandably hard to see any player reject advances from the Spanish giants. Of course, sometimes you think about it, you can miss it.
"I don't make mistakes".