Wenger told SkySports news that he wants to end his career at Arsenal and Kroenke's comments were ' a huge confidence vote.'
The remarks follow comment made by Arsenal's owner, Stan Kroenke who tends to keep out of the limelight. In a dispassionate interview he told the Daily Mirror: “We have been very supportive, we have never wavered, we are proud of him(Wenger), proud of the club, the way the club is run and how it holds itself out to the world.
“Right now, we’ve had a club for 126 years. We’ve just set a new record of 10 consecutive away wins.
“Now, I’ve been around a lot of clubs as a fan and an owner, and there’s been some special teams, but it’s hard to win 10 games in a row away from home. It’s really hard in a professional league.
“There is, again, an example of some of the good stuff that is going on at Arsenal.
“I know that I say how much I’d like to win. But I know for the players, for the coaches and the manager, everyone around the club who is there every day, I can’t imagine the level of excitement they would have.
“The idea that no one cares or is passionate about that sort of thing is just beyond the realms of imagination.”
Wenger is the longest serving manager in the Pemier League and his contract expires at the end of this season.
But he also said he didn't expect talks about a new deal to take too long and that he has turned many offers down. It is the clearest indication yet that Wenger looks set to renew his contract.
The Gunners play Swansea in one of the weekend's live Sky games.