'He was a leader, has a good passion for the game and he knows the club well, knows what is important at the club.
"Why not?" Wenger said in a BeIN Sports interview.
After helping the club win a Premier League and Carabao Cup double, Arteta could now be set for a return to north London - especially as he is reportedly the preferred candidate of Arsenal chief executive Ivan Gazidis.
According to the BBC, the Gunners could make an announcement on their new manager as early as next week and look to usher in a new era at the club.
Colin Lewin will leave Arsenal after a long career in the club’s medical department
The Frenchman, who has made a decision to end his 22-year stay with the Gunners, has revealed that he had a number of key men on his radar in the early stages of his career and the Argentina worldwide was a surprise name.
"The one thing I can say for sure is that I will continue to work".
The Gunners are prepared to allow Arteta to select his own backroom staff and the Arsenal board will hand the current Manchester City coach a budget in the region of £50m.
"I have not even emptied my desk yet and in a way, I am still in a state of shock". I think it was linked with Nike at the time and they wanted Pique to go to Man United. "I can't imagine doing anything else". I need a challenge.
Sokratis is also said to be available for just £15m, having failed to agree terms over a new contract at the Westfalenstadion.
EU reaffirms unequivocal support for European aspirations of Western Balkans
Also, five European Union countries do not recognize Kosovo , the former Serbian republic that declared independence in 2008. FYROM, since the collapse of Yugoslavia in the early 1990s, has insisted on its desire to simply be called "Macedonia".