The worst kept secret in football has finally been confirmed – Arsenal have officially confirmed Arsene Wenger has agreed a two year extension to his contract as manager.

Majority shareholder Stan Kroenke said: ““Our ambition is to win the Premier League and other major trophies in Europe.

“It’s what the fans, players, staff, manager and board expect and we won’t rest until that is achieved.

“Arsene is the best person to help us make that happen. He has a fantastic track record and has our full backing.”

Wenger and chief executive Ivan Gazidis have conducted a wide-ranging review of the club’s activities on and off the pitch in order or provide a platform for a sustained title challenge next season.

Wenger 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.”

FA Cup winners Arsenal lifted the trophy on Saturday at Wembley beating Premier League champions Chelsea 2-1 to lift the cup for a record 13th time – and a ground-breaking seventh time for Wenger.

Gazidis added: “There is no complacency anywhere at this club. Our goal is to compete for and win trophies here and in Europe.

“Everything we do is designed to make that happen and we will be working hard on and off the pitch this summer to improve and make a strong challenge next season.

“The club has grown beyond recognition in every aspect in recent years and we have the platform to be successful and meet the ambitions we and our fans share.”