• Premier League

Wenger close to £24 million deal

ESPN staff
December 7, 2013
Arsene Wenger believes his current squad can end Arsenal's trophy drought © PA Photos

Arsene Wenger is set to take his tenure at Arsenal into a third decade with a three-year deal worth £24 million, according to the Times.

The Arsenal boss has been in talks over a new contract since October, with the club confident he will sign. Wenger's current deal expires at the end of the season, but he has informed his staff and players he is planning for the long term.

With Arsenal top of the Premier League, Wenger believes the current squad at his disposal are the best since his 2003-04 'Invincibles' won the title without losing a game, and are capable of ending the club's eight-year trophy drought.

The proposed contract is worth £8 million a year, which would make Wenger the second-highest paid manager in England behind Chelsea boss Jose Mourinho. It would also take him into a 21st year at Arsenal, having arrived in 1996.

With cash reserves of over £150 million, Wenger is believed to be monitoring Real Madrid's Karim Benzema, Borussia Dortmund's Robert Lewandowski and Liverpool's Luis Suarez as he searches for another striker to complement Olivier Giroud.

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