Fenerbahce have made Arsene Wenger a priority to take over as head coach should they part ways with current manager Phillip Cocu according to the Milliyet.
Per the source, the Yellow Canaries held a board meeting yesterday over the future of Cocu.
The club are considering their options following a disappointing start to the season.
Fenerbahce are currently 15th in the league after seven games.
The report claims Fenerbahce will give Cocu another two games before making a final decision.
The board members drew up a shortlist with Wenger listed as first-choice.
The French manager reportedly turned Fenerbahce down over the summer asking for more time after parting ways with Arsenal following a 17-year stint at the club.
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Fenerbahce have reportedly targetted current Turkey national team boss Mircea Lucescu as their second-choice.
Former Fenerbahce manager Aykut Kocaman and Ersun Yanal are also on the shortlist.
Wenger was in Turkey over the summer and there where rumours he would take over Fenerbahce but it turned out he was just on holiday with David Dein who regularly visits the south coast where he has a yacht.
Dein has close ties to Koc and has provided advice over the future direction of the club.