Arsenal are ready to hand Arsene Wenger a two-year contract extension as a reward for guiding them to the top of the Premier League, reports the Sunday Mirror.
Wenger, who turned 66 earlier this week, inspired the Gunners to three important wins in a week, including a dramatic 2-0 victory over Bayern Munich to keep their Champions League hopes alive.
On the domestic side, Arsenal's 2-1 victory over Everton on Saturday evening sent them to the top of the Premier League for the first time since February 2014.
And the impressive form of Alexis Sanchez and Co. has convinced the Arsenal board that, despite not winning a Premier League title since 2004, Wenger is still the man to bring success to the Emirates.
As a result, they are ready to hand Wenger a two-year extension to his contract, which is due to expire at the end of next season.
That would see him remain in charge until the end of the 2018/19 season and also take him close to the age Sir Alex Ferguson was (71) when he stepped down from his post at Manchester United in 2013.
And the good news just keeps on coming for Arsenal fans as the same report claims the Gunners board have told Wenger he will have money to spend in the January transfer window.
Wenger did not sign a single outfield player in the summer window and the funds he chose not to use remain in place if the right deal comes along.