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A day earlier, sources told ESPN FC that Wenger had already agreed the broad outline of a new two-year contract at the club as long ago as November, with Tuesday's board meeting the final hurdle before signing it.
"Our ambition is to win the Premier League and other major trophies in Europe. Of course we'll try to strengthen our squad to be stronger next season, but we want to be faithful to the way we want to play the game", he said.
"Arsene is the best person to help us make that happen", he added. The 67-year-old brings stability, certainty and a proven track record of keeping Arsenal in and around their domestic rivals at the top end of the Premier League.
Wenger's future has been the source of speculation for months.
Arsenal revealed Wenger had conducted a full review of the club's activities on and off the field along with chief executive Ivan Gazidis.
Wenger's future has been up in the air for much of the season as both he and the club refused to publicly announce their intentions.
The FA Cup win served as a great tonic for many Arsenal fans as they immediately forget the fact that the Gunners will not be campaigning in next season's UEFA Champions League.
"I believe that our squad is very strong and we will only look for top-class people who can strengthen our team now".
In the midst of those protests, the club endured a turbulent spell as Arsenal crashed out of the Champions League following a 10-2 aggregate defeat to Bayern Munich in February and suffered crushing away defeats against Liverpool, West Brom and Crystal Palace.
"I am grateful to have the support of the board and Stan in doing everything we can to win more trophies".
Gazidis said there was no complacency.
Wenger has come under greater pressure from supporters than ever before, with fans holding "Wenger Out" placards, boycotting home games and chartering planes to trail banners calling for him to go. Our goal is to compete for and win trophies here and in Europe.
Manchester slowly returned to normal, though the damaged arena and adjacent Victoria train station remained closed. Security is being increased at football cup finals at Wembley Stadium in London and the Great Manchester Run.
From handshakes to hand swats, here are the top four awkward body language moments from Trump's first trip overseas . As he tried to reach the front of the group, Montenegro's Prime Minister Dusko Markovic was standing in his way.
But Trump departed for Europe having offered no real indication of a path forward on one of the world's most intractable disputes. President Trump stressed the deep and longstanding ties between the US and Israel during a speech in Jerusalem this morning.
He has been living since 2016 in a home for minor refugees in Gerswalde, and was detained there in the Tuesday morning raid. Special forces arrested the Syrian teenager after police received a tip-off, Brandenburg police tweeted (in German).
The team that really needs to worry is Groupama Team France, which seemed to struggle for control in the shifty land breeze. They span the wind range, and some teams had fitted a light wind, low drag type; some bigger, more powerful foils.
Manchester United will look to bolster their attack next season and they are reportedly already in talks with this Serie A star. According to Sky Sports , United aren't the only ones on Perisic and Antonio Conte's Chelsea are also interested in him.
France's president-elect Emmanuel Macron after casting his ballot in Le Touquet on Sunday. "Please, come to France". He said he trusted that "the good sense and pragmatic spirit of President Trump and his team" would prevail.
Amit Shah said that he supported the decision of Army Major Leetul Gogoi's to use a "human shield" in Kashmir as it saved lives. Prime Minister Narendra Modi's "abrupt" decision of recalling old notes has benefited India's $2 trillion economy.
French President Emmanuel Macron , however, said he thought "there was progress" and aired hope that the USA would stay aboard. Mr Trump's attitude to climate change made the G7 talks "very difficult" said German Chancellor Angela Merkel (left).
He said he was fighting the election for "social justice" and to reduce poverty, not to change the law regarding the monarch. Asked how much the policy would cost, Corbyn could only say it would "cost a lot to do that".
As of Wednesday morning, police say, they've identified all of the fatalities and contacted all of the families involved. Echoing the comments of British officials, he said: "There's a network - a cell of ISIS-inspired terrorists".
Brewers drop second straight in NY
Thames had been hitless in 19 at-bats and 2 for 27 with a pair of singles since returning on May 18 from strep throat. The Brewers have lost seven of their last nine games to drop to 27-25 but still sit atop the tepid NL Central .
French president flexes diplomatic muscles in Putin meeting
US President Barack Obama had also pledged strong action against Syria if it crossed a "red line" by using chemical weapons. The US Government subsequently worked with Russian Federation on a deal that was supposed to rid Syria of such weapons.
Hansen expects ABs to face 'Warrenball' in Lions tests
Putting aside Gatland's alleged bias towards his Welsh team, he has picked the right leader in the shape of Sam Warburton . Then there are the young guns led by Maro Itoje, Anthony Watson, Kyle Sinckler and Robbie Henshaw.
Europe can no longer rely on US, Britain: Merkel
But they carry extra heft now that Trump is actually in office - and after Trump had a days-long opportunity to reset relations. President Donald Trump (R) as they attend a G7 expanded session during the G7 Summit in Taormina, Sicily, Italy, May 27, 2017.
Investigators seek motive in MS shooting spree that left 8 dead
Mitchell spoke to the AP from his home in Bogue Chitto, Mississippi, which authorities say was the site of the first shootings. Mitchell told the Associated Press that things took a horrific turn after a deputy was called to the house to remove Godbolt.
1 held as sexual abuse video goes viral in UP
In the video, around 12 to 14 boys can be seen, molesting the women, even while they pleaded to let them go. However, the police official gave a contradictory statement and said they are looking into the matter.
Trump Faces Tensions at G-7 Summit
In this unique and preeminent task, Trump said, "Muslim-majority countries must take the lead in combatting radicalization". President Donald Trump has faced a much cooler reception in Europe than the welcome he received in the Middle East.