Arsenal chairman Peter Hill-Wood has revealed that he is in contract talks with Arsene Wenger and hopes the Frenchman will agree a new deal with the Gunners.
This year's Emirates Stadium departures of David Dein and Thierry Henry were thought to have upset Wenger who is only contracted to the club until the end of this season.
Reports suggested both Wenger and Cesc Fabregas would be following Henry to Barcelona, but Hill-Wood is confident he can persuade the manager to remain in north London.
He said: "I very much hope he will (stay). It's very important.
"He's done a marvellous job for the last 10 years or so. He looks pretty fit to me and I think he enjoys himself still. He's got a good job and I'm hoping he'll stay with us.
"We had a fairly lengthy conversation recently and that went very well.
"Hopefully, in the not too distant future, we'll have something positive to say about it. I'm confident he'll stay."