Arsene Wenger
Arsene Wenger will receive a significant pay-rise in his new deal with Arsenal.

Arsene Wenger has hinted that he would be interested in renewing his contract with Arsenal beyond next summer as reports speculate upon the details of his new deal with the club.

Wenger has now spent 16 years in north London and after a wildly successful start to the current season the board are reportedly set to begin talks with the Frenchman over a new deal.

He hinted this week that a deal is on the cards again, telling Sportmediaset: "My future? The truth is that 17 years is a lot.

"However, I want to do well here and I really do not want to leave. I could extend."

With that in mind ESPN are reporting that the manager will be offered a three year deal with multiple media outlets throughout England claiming he is to receive a £500,000 per year increase which brings the total cost of the contract to £24m.

He will also be handed a large budget for the January transfer window after Arsenal were given a huge boost in their summer acquisition of Mesut Ozil.

It would appear that Wenger has control over his future and with rumours constantly emerging of a possible pursuit from Paris Saint Germain, as well as some suggestions that the 63 year old may hope to manage France in the future.

Should he decide to stay at Arsenal for another full three years that would take Wenger to 20 years at the club, bringing him closer to Sir Alex Ferguson's recent 26th year in charge of Manchester United before the Scot retired last summer.

And it would appear that Wenger is hoping to enjoy a legendary status at Arsenal much like Ferguson does at United with the manager saying last week: "Honestly, I would love to be here forever because it would mean I am immortal."