Wenger told the club's official website arsenal.com: "My heart is tied to this football club so signing a new deal was always my intention.

"Arsenal is the club of my life. I have been entrusted with complete freedom to implement and execute my plans on what will make the team successful and that means I have a responsibility to the fans to deliver silverware and also a responsibility to the players to help turn our potential into prizes.

"This club has deep-seated roots and a tremendous heritage and it is my aim to uphold these important values and help create new history for future generations to recount."

Gunners chairman Peter Hill-Wood added: "It is wonderful news for Arsenal Football Club that Arsene has signed an extension to his contract.

"We have been at Emirates Stadium for a year now and go from strength to strength off the pitch.

"With Arsene continuing to manage the team, I am sure we can look forward to more exciting football and success on the pitch.

"Arsene has a special ability to develop talented players and turn them into world-class stars, a quality that is admired here at the club and indeed around the world."