Club chief executive Ivan Gazidis says the Frenchman will sign a new deal
Arsene Wenger will manage Arsenal for a 19th season after the soccer club said on Monday that he would be signing a new deal.
The Frenchman, who has been in charge since 1996, had been reluctant to publicly commit to a new deal, but chief executive Ivan Gazidis said it would happen soon.
“We have always supported Arsene, the board has always been completely behind him as has [owner] Stan Kroenke, and Arsene has always been committed to this football club,” Gazidis said. “So we are comfortable with the position, we are relaxed about it … Arsene will be extending with us. And at the right time we will make that announcement.”
Wenger has delivered three Premier League titles for Arsenal and the FA Cup four times, but hasn’t won a trophy since 2005.
Now, though, Arsenal are top of the Premier League and still in the Champions League and FA Cup.
Wenger’s financial power in future transfer windows will be enhanced by Arsenal signing its biggest-ever commercial deal.
Puma is replacing Nike as Arsenal kit maker in deal that is reported to be delivering £30 million (HK$386 million) a year for the London club.
Gazidis said the money would be made available to Wenger to invest in the team.
Arsenal’s turnover in 2012-13 was £243.6 million, the eighth highest in football, according to accountancy firm Deloitte last week.