Arsene Wenger is set to sign a new three-year contract with Arsenal in what is expected to be his last before retirement, reports Goal.
The future of the Arsenal manager has been in doubt for the majority of the season and he is yet to sign an extension on his current contract, which expires at the end of next month.
However, Wenger is expected to put pen-to-paper on a three-year deal worth £7.5m-a-season, to take him into an unprecedented third decade as the manager of Arsenal.
For Wenger, who turns 65 later this year, is then expected to retire from football, going out as manager of Arsenal.
If he sees out the full length of his new contract, Wenger would have held the reins at the Emirates Stadium - and before it Highbury Stadium - for just short of 21 years, making him the longest serving manager in the club's history.
Wenger, still on a high from Arsenal's dramatic FA Cup triumph on Saturday, promised to lead the club into a new era of success and will be given £100m to invest in the squad this summer.
However, three years gives Wenger just enough time to complete his current team with a period of transition expected around the time of his departure.
Of course Wenger's decision to retire is by no means final, despite what Goal claim. His old rival, Sir Alex Ferguson, delayed his decision to retire from Manchester United before eventually calling it a day at the age of 71. Wenger will be 67 when his next Arsenal contract expires, meaning he could prolong his career if health and happiness allows.
If he does retire, he may be offered a role in the Arsenal boardroom, similar to the role gifted to Ferguson after he retired as Manchester United manager.