Arsene Wenger is reported to have agreed terms on a new Arsenal contract that will further extend his position as the longest serving manager in the country by another two years.
The Frenchman is out of contract at the end of the current season but, according to Goal.com, will formally sign an extension until 2016 within the next few weeks after a deal was accepted.
Wenger will reportedly not receive a pay increase on his current basic salary, which is the most in the Premier League at £7.5 million-a-year, but there will be a variety of top-ups to supplement the contract.
The Arsenal boss will have been with the club for almost 20 years by the time his contract expires, having been appointed as the successor to Bruce Rioch in September 1996.
Wenger's tenure has come under intense scrutiny over the past two seasons as the club has continued to battle to claim only fourth place, along with a reluctance to spend large quantities in the transfer market.
There is a renewed sense of optimism at Arsenal this season, however, after Wenger broke the club's transfer record to sign Mesut Özil from Real Madrid, while the Gunners sit top of the Premier League table.
Arsenal have also recorded victories over Marseille and Napoli in the Champions League as they look to successfully navigate a so called group of death.