The north Londoners were decimated by Manchester City 3-0 in Sunday's Carabao Cup final, and Henry, who is assistant coach for the Belgium national team, reiterated on Sky Sports his desire to one day lead his old club, per ESPN FC's Mattias Karen:
"I still have a job to do with Belgium, but let's see what's going to happen.
"It will be a dream for me, but I'm still with Belgium. Interested? Yes, who wouldn't be?
"But I can't talk about that out of respect for the man that is in charge still and my job that I'm doing right now with Belgium. But who wouldn't be interested?"
Henry spent eight years at Arsenal and remains the club's all-time top scorer with 228 goals. The Frenchman had a short spell as assistant coach of Arsenal's under-18s, but his chances of succeeding Wenger look stronger than ever as pressure mounts on the latter.
Wenger appeared despondent after Sunday's Wembley thrashing at the hands of City, and when asked by a reporter if he would still be in charge of the club next season, he replied: "Who knows?"
Henry Winter of The Times agreed after the result that it may be time for Wenger to take his leave of the Emirates Stadium, even though he has a contract that doesn't expire until the summer of 2019:
The UEFA Europa League now looks like Arsenal's only route back to the UEFA Champions League next season. The Gunners sit sixth in the Premier League and are 10 points off rivals Tottenham Hotspur in fourth.
Sky Sports PL recently provided some evidence to suggest it could be a mental deficiency that's blighting Arsenal's top-four hopes, with the team performing far less consistently away from the Emirates in recent times:
Despite that lack of experience, fellow Sky Sports pundit Jamie Redknapp gave Henry his backing to reinvigorate the Arsenal team, per Goal's Chris Wheatley:
While some sections of the club's support would undoubtedly welcome Henry back in a coaching capacity, there's no guarantee Arsenal's board would take such a risk even if Wenger were to be shown the door.
Henry risks tarnishing his reputation in north London if he finds himself out of his depth as boss of a Premier League giant, but one of Wenger's greatest stars seems determined to take on the task nonetheless.