Arsene Wenger will sign a new Arsenal contract 'before the
end of August' to end the continuing speculation about his future.
He admits the talk could have become damaging to Arsenal's chances
this season by giving players an excuse not to
perform.
Wenger entered the last year of his deal this summer and, with the
departure of ally David Dein from the board, along with talk of a
takeover, he has been delaying agreeing a new one. He has also
wanted reassurance that the team he has been building will be
capable of winning trophies.
Now he says he is satisfied there is stability within the club and
that his squad can compete. He expects to end the uncertainty and
sign the deal once lawyers involved return from holiday. Wenger
said: 'It is just the speed of negotiations. There are always two
parties and it takes time. Maybe the other lawyer is on holiday.
But one more week is not a big issue.
'There is a need to do it before the end of August because I don't
want this to be a handicap to the success of the team. I don't want
my players to find this kind of excuse. 'I have a responsibility to
the fans, the players, the club.'
Though the details of the contract are still being fine-tuned, it
is thought Wenger will be offered a three-year deal worth £3 m a
season, with a getout clause for him at the end of each year.