The Premier League giants are keen to prepare the 20-year-old for an eventual role as club captain and believe that handing him a pay rise will display their faith in the injury prone starlet.
Preliminary talks have already taken place and it’s thought that Wilshere will receive a substantial hike in his weekly wage of £50,000.
Lukas Podolski is the highest earner at the Emirates Stadium, pocketing £90,000-per-week, but the England international is unlikely to be on level terms with the attacker.
Despite having two-and-a-half years remaining on Wilshere’s current deal, the North Londoners are believed to be keen to get negotiations tied up to prevent any immediate interest from rival teams.
A long-term deal does present a risk for the club, with the youngster having suffered from a series of recurring injuries.
He has just returned from a 17-month absence thanks to knee and ankle problems and it’s unclear as to whether he will suffer a recurrence in the future.
The playmaker is a product of the Arsenal academy, which has made him an instant hit with club’s loyal support.
Arsene Wenger made Cesc Fabregas captain at the age of just 21, which hints that Wilshere could be wearing the armband very soon.