Arsenal chief executive Ivan Gazidis is confident Arsene Wenger will reject the advances of Paris Saint-Germain and show his commitment to the club he has served for 16 years by signing a new contract.
Wenger's tenure appeared under threat last season, but Arsenal's now traditional late season recovery and the clinching of a place in the Champions League has strengthened his position at the club.
Qualification for the competition ensured Wenger has taken Arsenal into the Champions League in every season he has been in charge at the club and the Frenchman is now set to be rewarded with the offer of an extended deal.
Wenger has been linked with a move to Paris Saint-Germain as Real Madrid near the appointment of Carlo Ancelotti as their next manager, but Gazidis believes the Frenchman will further his stay with Arsenal.
"We think we have got a fantastic manager," Gazidis said, as reported by numerous sources.
"We hope that he wants to do what he is doing for the long term. I believe he does. I think he is still ambitious, still driven and sees the potential of the club as he looks forward and I think he is very excited by that.
"We have got a lot of confidence in Arsene that he is the right person to take the club forward and I think he will want to do that.
"We have a great relationship and he has a great relationship with the board as well. So, quietly and at the right time, I think we will make an announcement on that
"What I really don't want to do is have a public discussion about Arsene's contractual position. That would be a daily, weekly fixture on the public coverage if you start getting into that."
"This is going to happen very quietly behind closed doors, privately and then there will be an announcement."
Wenger is out of contract at the end of next season and, should he sign another three-year deal as has been common practice, it will take his time at the club beyond 20 years.
The departure of Sir Alex Ferguson as Manchester United boss - and the subsequent appointment of David Moyes - means Wenger is now the longest-serving current Premier League manager by 14 years.