Arsene Wenger has given his verbal commitment to a new two-year contract with Arsenal's board.
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The Sun says Wenger had been in crunch talks with the club hierarchy at the Emirates.
A formal announcement is expected by Arsenal on Wednesday, with Wenger, 67, to enter the 23rd year of his tenure in north London.
Wenger always wanted to continue in the job, but Arsenal fans have been split over whether to keep their long-serving boss.
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American owner Stan Kroenke has always been a fan of Wenger and wanted him to stay, although the owner has had to make changes to keep Gazidis onside.
Source: tribalfootball.com