Frenchman Arsene Wenger had signed a three-year extension to his current contract with Arsenal on Saturday, holding his position as the team's manager to June 2014.
The Premier League club announced that Wenger, the longest-serving manager in the club's history, is as committed as ever to leading the team in the challenge for trophies at the highest level, as well as continuing to produce the sumptuous football.
Wenger said,"My heart belongs to Arsenal and my desire is to see this team win silverware."
During his 14-year reign, Wenger had led the London side to win the league in 1998, 2002 and 2004, but failed to grab any silverware in the recent five years.
"My commitment and drive are as strong and fresh as ever. Signing a new deal means that I can see this talented group of players reach their potential. Trust me, they are ready to deliver," added Wenger.
Arsenal chairman Peter Hill-Wood stated, "We are thrilled that Arsene has signed an extension to his contract. He has masterfully transformed this football club over the last 14 years and the exciting and compelling football we play under his stewardship is admired the world over.
"Arsene is a very talented man and we believe the young, exciting team he has nurtured over the past five years will reward his and the fans' patience with silverware."
Arsenal finished third at the Premier League, falling 11 points behind the winners Chelsea. The Gunners will open their new season fight at Liverpool on Sunday.