Arsene Wenger is set to re-open contract talks with Arsenal in a new deal that could be worth up to £15 million, according to The Sun.
There had been calls from Arsenal supporters wanting discussions over a new deal with Wenger to be put on hold following the lack of summer signings.
But, after the Gunners smashed their transfer record in bringing Mesut Ozil to The Emirates for £42.5 million, the manager looks set to renew his contract, which expires at the end of the season, in a two-year £7.5m-a-season deal.
According to The Sun and Mirror, majority shareholder Stan Kroenke and chief executive Ivan Gazidis believe Wenger deserves a new deal following the Ozil move after the Germany international revealed a phone call from Frenchman convinced him to come to the Premier League.
The Sun also states that Wenger will have £40 million to spend during the January transfer window which could go on a top-class striker.