Piers Morgan has claimed that Arsenal have already offered Arsene Wenger a new three-year contract with the club.
The Frenchman is facing intense scrutiny from a section of the club's fans after failing to deliver the Premier League trophy this season.
Arsenal appeared to be favourites heading into the second half of the campaign but disappointing results against Southampton, Swansea and Crystal Palace – to name a few – have gifted the title to Leicester City.
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12 years on from their last title triumph, thousands of fans held up placards in a recent home game against Norwich to call for a change. However, the protest turned on its heads when other fans started chanting 'One Arsene Wenger'.
Despite the obvious support Wenger still has, it has been widely suggested that the 66-year-old could bring an end to his 20-year stay in north London when his contract expires at the end of next season.
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But Morgan believes that the actions of those supporting fans could well see the Gunners stuck with Wenger for a further three years as Arsenal's board members have already confirmed their willingness to extend his £8m-a-year contract until 2020.
A new contract
Speaking to talkSPORT, Morgan said: "Wenger, I know for a fact, has a new three-year contract on his desk. He is, as he normally does, trying to strategically play the fans and the media to a point where he can legitimately sign that new £25 million contract.
"On Saturday, the fans had a chance to basically make their view known that it is time for change, but it turned into a massive damp squib. Yes, a few thousand did put their placards up, but it wasn't well organised and it didn't play out particularly well.
"What Wenger immediately did was turn this into: 'I was so surprised. I'm so delighted 80% of the fans are with me'.
"I know what this means. It means he is going to sign a new contract, and that means Arsenal will go another three years without winning the league and without winning the Champions League. If fans continue to chant Wenger's name, they will get him the three more years."
One key argument for those favour of Wenger's reign is whether the club will be able to adequately replace him. Pep Guardiola and Jurgen Klopp would have both been terrific options but Wenger's longevity has seen them miss out to Manchester City and Liverpool respectively.
Fans have cited Atletico Madrid boss Diego Simeone as a possible successor, but his brand of defensive football would mean wholesale changes at the Emirates. Morgan, however, has his own suggestion in mind. He says he would take Leicester's new hero Claudio Ranieri without a second thought.
He added: "I'd take Ranieri tomorrow. Because Ranieri has shown that it's not just about money, and Wenger can't compete at the top end with the big boys, or at the bottom end with the Leicester's who did it though heart, desire and commitment."
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