Earlier this week, The Sun linked the 49-year-old Austrian with a move to the Emnirates Stadium should 67-year-old Wenger decide to step aside at the end of the season.
Ralph Hasenhuttl has taken RB Leipzig to the top of the table.
Leipzig coach Ralph Hasenhuttl has said a report claiming he has been lined up to replace Arsene Wenger as Arsenal manager was "well researched" and included a lot of truth.
"It was a well-researched story" Hasenhuttl said.
'There was a lot of truth to it.
'I have certainly heard of far worse fates than to be lined up as the successor to the longest-serving coach in England'.
He said: 'The article didn't particularly damage my reputation.
Wenger has been in charge of the club for the last 20 years but his contract expires next summer.
And although Hasenhuttl urged people not to put too much thought into it, he sounded excited about the opportunity that will emerge at some point down the line at the Emirates. "I've found my luck here in Leipzig".
RB Leipzig host in-form Schalke on Saturday as they aim to extend their unbeaten run to 13 consecutive games. "We have to bring everything to the pitch otherwise it will be extremely hard to land three points", the Leipzig boss explained.
Leipzig are now enjoying something of a fairytale story, akin to that of Leicester City in 2015-16, with the club unbeaten in the Bundesliga and three points clear of Bayern Munich at the summit.