Football: Bergy's Gunner stay on.
The Dutch striker will put pen to paper on a new three- year contract, making him the highest paid player at Highbury on pounds 35,000 a week.
The 31-year-old had previously resisted attempts by Arsenal to secure his future at the club and was poised to enter the season in the final year of his contract.
But after his decision to quit international football with Holland, he has decided to see out his remaining days in football at the club he joined from Inter Milan for pounds 7.5million in 1996.
Arsene Wenger said: "We are getting together with Dennis this week to discuss his contract.
"At 31 he still has a great future. He is a world class player - and you don't lose that at 31.
"You can lose it at 34 or 35. But I am confident he will have a great season for us and I want him to stay here for the rest of his playing career."
Bergkamp's Dutch-based agent, Rob Jansen, expects the player to sign a new deal inside the next few days.
"Dennis doesn't want to leave Arsenal - he is very happy in England," he said.
"He would be very receptive to an offer from Highbury and we hope to sort something out very shortly."
The news will come as a massive boost to Arsenal - and a massive snub to Barcelona who have already signed Marc Overmars and Emmanuel Petit from the club this summer and were hoping Bergy would follow them.