Arsenal manager Arsene Wenger is expected to sign a new three-year deal worth 24 million pounds this week.
Wenger's current deal is due to expire next month, but the club is reportedly preparing to announce that Wenger has committed himself to serving as manager till 2017, a development that will take him beyond 20 years at Arsenal. He joined Arsenal FC from Nagoya Grampus Eight in September 1996.
Watched by the majority shareholder, Stan Kroenke, Wenger led the team to a 3-2 extra-time victory over Hull City in Saturday's FA Cup final at Wembley to secure the club's first trophy in nine years.
Coupled with the fourth-placed Premier League finish that has brought them the chance of a 17th consecutive Champions League campaign - they next contest a two-leg qualifying-round match in early summer - Wenger believes that he has had a positive and progressive campaign and there are grounds for optimism, reports the Guardian.
