May 18, 2014, 6:42 PM EST
If he remains the full three years of the deal, he would surpass 20 years at the London club, an incredible number given the volatility managers face these days.
The report also indicates two important numbers: it says he will make $12.7 million a year, and that he will get $168 million to work with in this summer’s transfer market.
However, it’s hard to take that second value seriously, given reports had it at even higher last summer and they came nowhere close despite spending big on Mesut Ozil near deadline day.
The new number could be a product of their failure to empty the entire vault last time around, but it’s next to impossible to correctly judge how future transfer windows will pan out spending-wise.
Despite the news coming just a day after Arsenal earned their first trophy since 2005, the extension was well in the works before the FA Cup glory, and reports indicate he would likely have been given the deal no matter the outcome in the Wembley final.
Arsenal’s formal announcement is likely by Thursday at the latest, according to the Guardian report.
Wenger follows a number of his players in signing extensions this year, including Laurent Koscielny, Santi Cazorla, Aaron Ramsey, Per Mertesacker, and Tomas Rosicky. With most of his squad locked up in long-term deals, it will be easy for him to build further given the relative solidity of his team’s future outlook.
Bacary Sagna is the only main player who’s future is uncertain, as the club has an offer to the defender on the table but he appears likely to turn it down.
Jan 28, 2015, 10:36 AM EST
After seeing red, Ronaldo will now miss Real’s next two games after ban for violent conduct.
Jan 28, 2015, 10:10 AM EST
Is Figo the man to take charge of world’s soccer’s governing body?
Jan 28, 2015, 9:25 AM EST
Super Bowl week brings out two NFL players for the latest podcast.
Jan 28, 2015, 9:01 AM EST
Michael Oliver, it’s over to you…
Jan 28, 2015, 7:55 AM EST
Bale tells Spanish radio station that he’s hanging around in the Spanish capital for some time to come.
Jan 27, 2015, 11:01 PM EST
Already it feels like Montreal has a major chance to be the winner in this deal, and that’s before they do anything with the allocation money.
Jan 27, 2015, 10:05 PM EST
It certainly wasn’t the wildest of days for the transfer rumor mill, but Manchester United, Southampton and Crystal Palace all said hello.
Jan 27, 2015, 9:12 PM EST
Surely Brendan Rodgers wouldn’t have been surprised to see Diego Costa’s temper flare up, but it didn’t make him any more understanding.
Jan 27, 2015, 8:32 PM EST
An ESPN FC report regarding Gedion Zelalem’s U.S. eligibility looks alarming, but is it a cause for concern?
Jan 27, 2015, 7:17 PM EST
He’s heinous. He’s prolific. He’s the Luis Suarez of 2015. And he’s making this season worth watching and hating. Unless you’re a Chelsea supporter.
Jan 27, 2015, 6:21 PM EST
Liverpool was the superior team in the first 45 minutes, but couldn’t find the finishing touch.
Jan 27, 2015, 5:17 PM EST
The Blues won 1-0 on the match and 2-1 on aggregate to move on the League Cup final versus Wednesday’s winner of Spurs and Sheffield United.
Jan 27, 2015, 4:12 PM EST
Six of eight knockout round slots are filled for the 2015 Africa Cup of Nations, and a couple well-known names are going home.
Jan 27, 2015, 3:00 PM EST
The Socceroos reached the AFC final for just the second-time in their history.
Jan 27, 2015, 2:20 PM EST
Yedlin flies halfway around the world to link up with USMNT after joining Tottenham in January.
Jan 27, 2015, 1:40 PM EST
Skipper aims to help Brazil win elusive Olympic gold medal on home soil.
Jan 27, 2015, 12:57 PM EST
Spaniard set to miss at least six months after rupturing anterior cruciate ligament.
Jan 27, 2015, 12:19 PM EST
Monster trade sees cash, players and allocation order’s dished out as USMNT midfielder could be heading home.
Jan 27, 2015, 11:10 AM EST
Wembley final on the line: Premier League giants clash at the Bridge while Spurs head to third-tier Blades.
Jan 27, 2015, 10:15 AM EST
Are the Citizens heading to the Big Apple?
- Men in Blazers podcast: Talking FA Cup upsets with guests Spencer Lanning, Josh Scobee 0
- Diego Costa could get retrospective ban, miss Chelsea’s clash vs. Manchester City 1
- Gareth Bale dismisses Manchester United speculation, happy at Real Madrid 3
- In less than five months, Diego Costa has become Premier League villain No. 1 4
- Chelsea 1-0 Liverpool: Ivanovic ensures Blues trip to Cup final after testy second leg 0
- New York, Montreal complete huge trade; Kljestan free to join Red Bulls 7