Wenger’s contract was due to end at the conclusion of the current season and the 67-year-old’s future had been the source of speculation for months.

Arsène, who lifted the FA Cup for a record-breaking seventh time on Saturday, said: “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. This is a strong group of players and with some additions we can be even more successful.

“We’re committed to mounting a sustained league challenge and that will be our focus this summer and next season.

“I am grateful to have the support of the board and Stan in doing everything we can to win more trophies. It’s what we all want and I know it’s what our fans around the world demand.”