Sky Sports News understands Arsenal manager Arsene Wenger will sign a new contract within the next 48 hours.
Wenger: Set to sign new Arsenal contract in the next 48 hours
Wenger said: "Yes (it will be done), because I go to Brazil on the 10th of June."
A proud Wenger watched his Arsenal side win the FA Cup 3-2 in extra-time against Hull City at Wembley to end a trophy drought of nine years since they last annexed the Football Association's domestic cup competition.
The Gunners became the first team to overturn a two-goal deficit and lift the FA Cup since Everton beat Sheffield Wednesday in 1966.
Wenger said: "We live in a world where people tell you always what you have not (done), they never tell you that you have done something as well.
"I believe as well the quality of a club is the consistency and then the special players make you win the trophies.
"The quality of the consistency is important for the club and on that front we have been better than everybody else - there are only two clubs in Europe who have 17 years consecutively qualified for the Champions League and that consistency demands special values inside the club."
Arsenal, though, still have to resolve whether full-back Bacary Sagna will remain, the France defender's deal is also set to expire this summer with Manchester City a possible destination, before they can look to bring in new recruits.