Arsene Wenger will renew discussions on a new contract believed to be worth £15 million, according to ESPN.
Arsenal fans had called for a marquee signing earlier in the summer, even if it came at the cost of Wenger's contract.
But, Wenger signed Mathieu Flamini on a free transfer from AC Milan and followed it up with a £42.5 million recruit of Mesut Ozil.
The record signing of the German international from Real Madrid was facilitated by a phone call from Wenger and the Arsenal fans are now more than willing to let the Frenchman continue in his position.
Owner Stan Kroenke and chief executive Ivan Gazidis also believe that Wenger should be offered a new contract and talks may soon begin, which can result in Wenger getting a two-year £7.5 million-a-season deal.
Reports also suggest that Wenger will have £40 million at his disposal in the January transfer window, which he can use to buy a world-class striker, having missed out on Luis Suarez in this window.
Write for GiveMeSport! Sign-up to the GMS Writing Academy here: http://gms.to/130seMa
DISCLAIMER: This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms