Aaron Ramsey will this week sign an improved five-year contract with Arsenal that will more than double his current salary.
According to the Guardian, the Wales international has agreed a deal worth in excess of £100,000 a week, making him the club's second-highest earner, behind only German star Mesut Ozil.
It seems negotiations have been taking place between Ramsey's agent David Baldwin and Arsenal for the last month, and the club are set to confirm the deal within 48 hours - even though the 23-year-old has more than two years remaining on the deal he signed in December 2012.
Ramsey has returned to full training this week after being sidelined for more than two months with a thigh injury. So that he could return to action as early as next Tuesday when Arsenal travel to Bayern Munich to overturn a 2-0 Champions League last 16 deficit against Pep Guardiola's squad.
The midfielder picked up the thigh injury in the victory at West Ham United on Boxing Day and aggravated the problem in training at the end of January. He has not played since.
Arsenal paid £5m to Cardiff City for Ramsay in 2008, when Manchester United were also desperate to sign the then-teenager.
He has been capped 30 times for Wales and Arsene Wenger said he is integral to Arsenal's future plans before tying him down to a new deal.