The highly talented young striker made quite an impression with his cameos last season, but he was expected to leave the club on a free transfer this summer.
It seems that the Londoners have had a change of heart and offered the young striker a new contract at the club.
The North London giants are in desperate need of attacking reinforcements, and the decision to keep Nketiah at the club for the long run could prove to be a wise move.
The Gunners have parted ways with Alexandre Lacazette and Pierre Emerick Aubameyang over the last few months. Nketiah is expected to lead the line at Emirates next season.
Arsenal have been linked with other strikers in recent weeks, and it will be interesting to see if they manage to bring in another goal scorer before the transfer window closes.
According to the latest reports, Nketiah has signed a contract with the Gunners until the summer of 2027 and has been handed the number 14 shirt.
The famed Arsenal shirt was born by club legend Thierry Henry in his pomp. It will be interesting to see whether the young striker can live up to the expectations and carry the burden of such a prestigious number for the North London giants.
Nketiah has shown that he has the quality to thrive in the Premier League, and regular football next season could help him continue his development and fulfil his prodigious potential.