Arsenal are set to hand manager Arsene Wenger a new three-year contract and a summer transfer kitty of £46 million.
The News of the World says the Highbury board have moved to reward him on the eve of today's Premiership clash at Manchester United.
His current £3m-a-year deal expires in May 2008 but Arsenal maintain Wenger has a job for life at Highbury if he wishes.
Wenger has been told he will be handed at least £20m this summer.
But that figure will be boosted by a further £26m if the Londoners win the European Cup.
An Arsenal insider confirmed: "All the money we earn from the Champions League will be given to Arsene to be invested in the squad."
The News of the World says the Highbury board have moved to reward him on the eve of today's Premiership clash at Manchester United.
His current £3m-a-year deal expires in May 2008 but Arsenal maintain Wenger has a job for life at Highbury if he wishes.
Wenger has been told he will be handed at least £20m this summer.
But that figure will be boosted by a further £26m if the Londoners win the European Cup.
An Arsenal insider confirmed: "All the money we earn from the Champions League will be given to Arsene to be invested in the squad."
