Gilles Grimandi is expected to become Arsenal's director of football this week as Arsène Wenger moves on from the turbulence of the past three months.
The former Arsenal midfielder's appointment is believed to have been a key topic at the board meeting four days ago during which the £16m sale of Thierry Henry to Barcelona was approved. Grimandi, who has been the Gunners' scout in France after retiring as a player, will take on the player-recruitment duties previously performed by David Dein. The Bolton Wanderers and former Arsenal striker Nicolas Anelka is believed to head the list of summer targets.The appointment of the 36-year-old Grimandi would provide Wenger with a key strategic ally and introduce fresh football expertise into a boardroom that has lacked such experience since Dein's departure as vice-chairman in April. It is not thought to be the only announcement due from Arsenal this week, with clarification of Wenger's position also expected.
After Henry used Arsenal's official website on Saturday to reiterate his feeling that Wenger's commitment to the Emirates Stadium was uncertain the club will not permit the drift to persist. There are strong hints of an announcement that the Arsenal manager has signed a £15m-plus, three-year contract extension that would tie him to north London until 2011.
It could be said Wenger has never had it so good. Much has been made of supposed restrictions on his budgets inflicted by the £400m Emirates Stadium construction but in reality the Gunners are wealthier than ever.
Even after debts - £262m at the last count - the stadium generates about £20m more net income than Highbury did. Although interest-rate hikes have affected repayments on a £50m floating-rate bond, the £210m in 5.69% fixed-rate borrowings are beginning to look very good value. There is also the 50% increase in television income that is being spread across the Premiership, giving Wenger a bigger-than-ever transfer kitty.
The Arsenal manager's head for figures - he has a masters degree in economics from Strasbourg University - means he is given a budget from which to apportion transfer fees and wages as he sees fit and there are important calculations ahead as he and Grimandi turn their attention to replacing Henry.
Grimandi was one of Wenger's first signings at Arsenal, joining from the manager's former club Monaco in June 1997 for £2.5m. He left Highbury in 2002 for a very brief spell at the Colorado Rapids before returning to France. Grimandi played 84 matches for Arsenal in midfield, right-back and centre-half and won the Double in 1998 and again in 2002.