The Frenchman looks set to sign a two-year deal.
Things are going very well for Arsenal at the moment, with the club top of both the Premier League and their Champions League group after 10 wins, one draw and one loss so far this season.
This great start has seen a renewed optimism around the Emirates Stadium and there is a genuine belief that 2013/14 could well be the year the Gunners end their trophy drought.
Yet one thing remains in the balance for the north London club though and that is the future of their manager Arsene Wenger.
The Frenchman’s current deal with the side ends in the summer of 2014 and with Paris Saint-Germain interested in the 63-year-old, there is some doubt over whether Wenger will stay.
However, owner Stan Kroenke is confident the boss will sign a two-year extension to the £7.5m-a-year current contract – which will see the coach staying at the club for 20 years in total, reports Goal.
Since the retirement of Sir Alex Ferguson at the end of last term, Wenger is now the longest serving manager in English football.
With the signing of Mesut Ozil from Real Madrid and stars such as Aaron Ramsey and Olivier Giroud in great form, the team has been inspired by the boss to really strive for success this campaign.
Kroenke is a great supporter of Wenger – even when fans were calling for him to be sacked when things haven’t been going well – and thinks of the Frenchman as key to the side’s future.
PSG though will not give up hope on the manager, who they want to tempt to the Parc des Princes with an £8m-a-year salary and the promise of large transfer funds.
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