The Le Mans star says both clubs have offered him the chance to join them next summer.
Pele told Canal+: “Blanc has been a player; as a consequence he knows what the game is about.
“Wenger has been in the footballing sphere for a while and I’m yet to make up my mind.
“Playing for Bordeaux would mean staying in the French league, but as far as I’m concerned I’d rather move to another European league.
“Anyway, I’m not ruling out any option.
“My contract is due to end (at the end of the season) and I have refused to sign a new deal.
“Working with Laurent Blanc and Arsene Wenger is pleasant.”