Arsenal are set to open talks with manager Arsene Wenger over a new £24 million deal following the Gunners blistering start to the new season, according to reports in Daily Mail.
The Frenchman’s contract will expire at the end of the season and chief executive Ivan Gazidis is keen for the 63-year-old to sign a new deal.
The report suggests that Wenger will be offered a new three-year deal worth £8 million a year which is a £500,000 per year increase on his current contract. It is understood that the money to be paid for the proposed new deal has already been earmarked from the club’s budget.
Majority shareholder Stan Kronke and Gazidis remain fully behind their manager and they are confident he will commit his future to the club although they are mindful that Wenger recently publicly stated he’s willing to wait until the end of the season before deciding on his future.
Wenger has been in charge of the Gunners for 17 years and after the retirement of Sir Alex Ferguson at Manchester United at the end of last season, is now the longest serving boss in English football by quite some way.
The Gunners have not won a trophy since claiming the last of those four FA Cup triumphs against arch rivals Manchester United at the Millennium stadium in 2005, an eight-year drought that has only served to increase the pressure on Wenger’s shoulders.
A loss to Aston Villa on the opening day of the Premier League season and a seemingly poor showing in the transfer market looked to mark the end of Wenger’s reign. Yet since then the club have won all 10 of their matches, which has seen the side rise to the top of both the league and their Champions’ League group.
Arsenal’s excellent start to the season has re-energized the Frenchman and he now believes he’s on the verge of another era of success at the Emirates after making the best start to a season in seven years.
It is hard to imagine many, if any of Europe’s other big clubs offering their manager a new contract after such a barren spell but it is far more difficult to imagine Arsenal without Arsene Wenger. Even if we end up trophy less again this season, as long as we sustain a serious title challenge, I think he will have earned a new three-year deal at the club. Although many might disagree with me but the best man to take the Gunners forward would be Arsene.
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