Martin Keown says Arsene Wenger will sign a new Arsenal deal to stay at the club with his current contract set to expire at the end of the season.
The Frenchman is still to confirm his plans for after this season and has recently stated he will go with his “gut feeling”.
Wenger has come in for criticism from some supporters following Saturday’s 3-1 defeat to Chelsea but Keown is adamant he is set to stay on.
“That might be a tricky one but if you look at it I think Arsene Wenger will decide when he leaves the club,” Keown told BT Sport.
“I believe he manages up and down within the club. They are going to want a run-up to a succession plan for a new manager and that will mean Arsene Wenger signing a new deal.”
Keown accepts that Wenger staying may antagonise some supporters but has warned that the club may not necessarily be better off with his departure.
“I’m not sure if that sits completely well with the fans. But if you look at other situations, Manchester United losing Sir Alex Ferguson shows what can happen,” he added.
“I believe he will sign a new contract. It’s just really the announcement and when is the right time to make that announcement.
“He needs to continue to do well enough to stay in the job. If he gets in the Champions League once more and maybe wins a cup.
“I know people are dissatisfied with that and they feel change is necessary. But it could also go completely wrong the other way.
“I do feel he will sign that new deal but I also think it will be his last one and then Arsenal will look to make a plan.”
There is undoubtedly a huge sense of frustration following Saturday’s defeat and a real feeling of déjà vu after watching the club’s title hopes end early for yet another season.