Arsenal manager Arsene Wenger will sign a new contract with the club, according to chief executive Ivan Gazidis.
Goal reported that Wenger began preliminary talks to extend his 17-year reign at the Emirates Stadium last summer.
And an agreement over a two-year extension has been in place since October, Goal understands, with Gazidis confirming that an announcement will take place in due course.
“Arsene will be extending [his contract] with us and at the right time we will make that announcement,” Gazidis said.
The 64-year-old, the longest serving manager in English football, came under some pressure from supporters at the start of the Premier League season following a 3-1 home defeat to Aston Villa on the opening day.
However, Wenger, whose last trophy with Arsenal came back in 2005 with a victory over Manchester United in the FA Cup final, has since won over his doubters.
Arsenal are top of the Premier League going into Tuesday’s trip to Southampton, and Gazidis revealed that Wenger is set to be rewarded for a fine season.