Nicklas Bendtner has held talks with Arsenal regarding a new deal and expects an agreement to be reached.
The Danish striker has been with the Gunners for the past four years, although he did spend a season on loan at Birmingham in 2006/7.
Arsene Wenger has a lot of faith in Bendtner and gave him plenty of opportunities to impress last term.
He is likely to play an even more important role over the coming 12 months following Emmanuel Adebayor's departure to Manchester City.
The 21-year-old was linked with Italian giants AC Milan earlier this summer but stressed that he was committed to Arsenal.
Contract negotiations have now begun and Bendtner is keen for everything to be finalised as quickly as possible.
"We are still talking and I hope that we can reach an agreement," he told Danish TV2.
"There are at least no obstacles in the way.
"Since I was 16 my ambition has been to play for the first team."