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.
Dec 19, 2014, 7:45 AM EST
FIFA rankings… what a riot!
Dec 18, 2014, 11:50 PM EST
Luke Shaw is ready to make his return after nearly a month out of action.
Dec 18, 2014, 10:21 PM EST
Mix Diskerud is on the move, and he may be headed south of the border.
Dec 18, 2014, 9:14 PM EST
Chicharito isn’t getting games for Real Madrid, but his agent insists he won’t end his loan deal early.
Dec 18, 2014, 7:46 PM EST
It may be 14 years after the fact, but Paul Scholes is owning up to his fault in one of the greatest goals of all-time.
Dec 18, 2014, 6:20 PM EST
Inspired by Monday’s loss, the USWNT were out for vengeance — and goals — against Argentina.
Dec 18, 2014, 4:36 PM EST
Find out who went where in Stage 2 of the MLS Re-Entry Draft on Thursday.
Dec 18, 2014, 3:00 PM EST
As we head into the busy festive season, here’s how the rankings of power look before Week 17.
Dec 18, 2014, 2:46 PM EST
Winger set to return to full training, may return to action this Sunday at Anfield.
Dec 18, 2014, 2:11 PM EST
Germany end 2014 on top, as the USMNT sit steady inside the top 30.
Dec 18, 2014, 1:26 PM EST
Balotelli will now miss Liverpool’s match against Arsenal this weekend.
Dec 18, 2014, 12:45 PM EST
Rogers worries about anti-gay laws in Russia, Qatar during World Cup tournaments.
Dec 18, 2014, 11:46 AM EST
Scunthorpe win 14-13 on penalty kicks… really?
Dec 18, 2014, 11:10 AM EST
Klinsmann’s son make six saves, but gets second-yellow as youth side beat Germany.
Dec 18, 2014, 10:17 AM EST
USMNT attacker heading back to MLS.
Dec 18, 2014, 8:50 AM EST
Vegas, baby! New soccer stadium gets seal of approval from city council… all they need now is an MLS expansion franchise.
Dec 18, 2014, 8:19 AM EST
Reus has been speeding around in his Aston Martin without a license. Gets biggest motoring fine in German history.
Dec 18, 2014, 7:54 AM EST
Dig into all the latest gossip, right here.
Dec 17, 2014, 11:13 PM EST
Could Cole be returning to the Premier League?
Dec 17, 2014, 10:35 PM EST
Bad jokes make Christmas.
- Paul Scholes: Thierry Henry’s legendary goal vs. Man United was my fault 2
- Premier League Power Rankings: Arsenal, Everton rising, Saints falling 2
- Robbie Rogers: FIFA “insane” to host World Cups in Russia, Qatar 6
- Stoke City confirm Brek Shea is finalizing move to Orlando City 1
- Soccer stadium approved in Las Vegas, as MLS expansion talk heats up in Sin City 3
- Borussia Dortmund’s Marco Reus fined $665,000 for driving without a license 1