Despite a report claiming Monaco will make Arsenal coach world's best paid manager, French club look set to appoint Benfica’s Jorge Jesus

Norwich City v Arsenal: live
Premier League final day 2014: live

Arsene Wenger has re-iterated that his new contract should be "sorted soon" as speculation mounted over his future today with reports that Monaco had offered him £10 million-a-year to manage them.

But Wenger, in an interview with Eurosport this weekend, said he would be signing a new contract with Arsenal to extend his 18-year stay at the club. In French, Wenger said: "(The contact at Arsenal) is not totally done but it should be sorted soon."

And Monaco already appear set to appoint Benfica's Jorge Jesus as their next coach. The cash-rich French club are on the verge of sacking former Chelsea manager Claudio Ranieri after three years in charge and are believed to have already met with Jesus in Lisbon on Friday.

Jesus is now expected to sign a two-year deal which could be announced after Benfica face Seville in the Europa League Final and then Rio Ave in the final of the Portuguese Cup next Sunday.

By then Arsenal will hope that Wenger has led them to an FA Cup Final victory over Hull City at Wembley next Saturday which will end the club's nine-year wait for a trophy.

It is likely the final will be followed by the confirmation that Wenger has signed a new contract – with his current deal ending this summer - at Arsenal but it would have been remiss of a club with the finances and ambition of Monaco to at least not check his intentions.

Wenger has maintained that he will remain at Arsenal if the conditions are right and if he believes he can continue to motivate the players. With Arsenal finishing in the top four and once again securing Champions League football and with an FA Cup Final it would appear that those doubts are set to be dismissed.

However despite that it is also believed that Wenger's future has been far more in the balance that has been intimated. Paris Saint-Germain had been keen to lure him back to France last summer before eventually appointing Laurent Blanc who has recently extending his contract.

Wenger has not given Monaco any encouragement whatsoever that he would be interested in joining them.

Jesus, 59, is on the brink of winning an astonishing quadruple with Benfica have secured the league and League Cup and having knocked Tottenham Hotspur out of the Europa League on the way to the final.

They beat Juventus in the semi-finals and his brand of attacking football has not gone unnoticed around Europe with, even more remarkably, Benfica having had an outstanding season despite again having sold some of their best players such as Nemanja Matic who was bought by Chelsea.