Wenger was not the first choice but he is now the leading candidate and will speak with Bayern CEO Karl-Heinz Rummenigge later this week to discuss the position.
The 48-year-old coach oversaw this morning's training session as the side prepare for the Champions League tie against Olympiakos on Wednesday and the initial message emerging from the Bayern camp was that the plan was to retain faith with the Croatian.
"I have a contract and I can't think for one minute about other clubs". Bayern beat Spurs 7-2 in London last month and Wenger, who enjoyed an impressive record against Tottenham as Arsenal manager, would have the chance to complete a European double for the Germans over Mauricio Pochettino's team. It was a good time. "I with the club and the team all the very best".
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With former RB Leipzig coach Ralf Rangnick also ruling himself out of the running to take over at Bayern, Wenger has now been hailed by respected German publication Bild as the "absolute favourite" to take over the German champions. That could prove a major stumbling block for Bayern as they would have to offer compensation, while his experience as a sporting director could cause issues as Hasan Salihamidzic now occupies that position in Munich.
In the meantime, former Germany assistant manager Flick, who joined Kovac's background staff in the summer, has been placed at the helm temporarily and he is looking forward to the challenge.
Bayern have won only five of their last 10 Bundesliga matches, leaving them with 18 points - four points behind leaders Borussia Moenchengladbach.
He continued: "I know how this business works".
"I'm now expecting a positive development from our players and an absolute desire to perform so we can achieve our goals for the season", said Salihamidzic. On the Exchange, bettors are certainly banking on that with Bayern [1.45] to win the Bundesliga for the eighth successive season.