Arsenal manager Arsene Wenger is targeting next season's Premier League title after signing a new two-year deal at the club.
The agreement does not include a break clause and, should it be completed, will extend his reign to 23 years.
Neither Arsenal nor Wenger, 67, see this as definitely being his final contract.
"I love this club and I am looking forward to the future with optimism and excitement," said Wenger.
Arsenal are expected to spend at least £100m on new players in the upcoming transfer window - which opens on 1 July - having also spent around that figure last summer.