Arsenal manager Arsene Wenger is reported to have rejected a sizeable pay increase from the club before agreeing to commit his future until 2016, which will take his tenure in north London to almost 20 years.
Wenger is out of contract at the end of the season but, as has been widely claimed for a number of months, appears to have already put pen to paper on a two-year extension to his current deal with Arsenal.
It is now claimed by Goal.com that Arsenal had offered Wenger a pay rise of £1 million-per-year, which would have taken his basic annual salary to £8.5 million, with the Gunners boss reported to believe the remuneration he receives for his services is already substantial enough.
Despite his reluctance to accept this offer, Wenger reportedly remains the highest employee at Arsenal - with his weekly wage superior to the best paid player, club record acquisition Mesut Ozil.
Wenger, meanwhile, is set to reach his 1000th game as manager of Arsenal when they face Chelsea in a potentially pivotal encounter on Saturday afternoon. Victory for the Gunners at Stamford Bridge will move them one point behind Chelsea, who lead the Premier League, while Wenger’s side retain a game in hand.