Arsene Wenger is set to sign a new deal with Arsenal after agreeing a new contract, but the club will wait to make the announcement, reports the Daily Star.
Wenger is entering his 18th year as manager of the Gunners but has just six months to run on his current deal.
The Frenchman has left Arsenal fans waiting anxiously for his expected renewal, insisting he would not let contract talks distract him from his job as manager.
However, it is being reported that a deal is all agreed in principle and will be signed presently. However, officials at the Emirates will wait until deals for Per Mertesacker and Bacary Sagna have been tied up before making the announcement.
In a classic PR stunt, Arsenal want to deliver the news about the three contract extensions in one package, meaning they must wait for the players to agree before details are revealed.
Such plans echo a similar event that happened at the Emirates last year when British quintet Jack Wilshere, Aaron Ramsey, Alex-Oxlade Chamberlain, Kieron Gibbs and Carl Jenkinson all signed contracts in front of the media together.
Mertesacker, who currently has 18 months remaining on his deal, is expected to agree an extension following his fine form over the last 12 months.
The German international has already given the all-clear on a two-year extension to take him through to the summer of 2017.
Sagna, however, is proving more of a stumbling block for Arsenal, who is having his head turned by interest from abroad.
The Frenchman, 30, is out of contract in the summer and is free to talk to clubs from abroad.
Sagna has told Arsenal that the likes PSG, Real Madrid, Monaco, Bayern Munich and Galatasaray are all interested in his services and that he has been offered £100,000-a-week after tax to leave the Emirates.
But until Sagna makes his mind up on his future, Wenger and Mertesacker's contracts will remain a loosely guarded secret.