Wenger signs new two-year contract

London, May 31: Longserving Arsenal manager Arsene Wenger has signed a new two-year contract, the club announced on Wednesday, ending months of speculation about his future.

Wenger has presided over a challenging season, which saw his team fail to qualify for the Champions League, but masterminded a stunning FA Cup final win over Chelsea last weekend.

The 67-year-old Frenchman’s new deal, which will take his tenure up to 23 years, is believed to have been rubberstamped during a board meeting on Tuesday.

“I love this club and I am looking forward to the future with optimism and excitement. We are looking at what we do well and how we can be stronger everywhere,” Wenger told Arsenal’s website.

“This is a strong group of players and with some additions we can be even more successful.”

Arsenal said Wenger and chief executive Ivan Gazidis had conducted “a full review of our on and off-the-pitch activities” to identify areas for improvement in view of a title challenge.

Majority shareholder Stan Kroenke said: “Our ambition is to win the Premier League and other major trophies in Europe.

“It’s what the fans, players, staff, manager and board expect and we won’t rest until that is achieved.

“Arsene is the best person to help us make that crescendo during a run of seven defeats in 12 games between late January and early April.

Wenger’s switch to a back three enabled Arsenal to end the season in style, winning seven of their last eight league games before toppling Chelsea in last Sunday’s FA Cup final.

But he has been deeply hurt by the criticism he has received, branding the conduct of some supporters a “disgrace” and saying it created a “horrendous atmosphere” around the team.

Arsenal’s Wembley win against Chelsea gave them a third FA Cup in four seasons and made Wenger the first manager in history to have won the tournament seven times.