Arsenal chief executive Ivan Gazidis revealed the club chose to hand Arsene Wenger a brand new contract because “you don’t find better candidates”.
Wenger endured a difficult last season as Arsenal failed to finish in the top four and qualify for the Champions League.
The Frenchman also faced criticism from a growing number of fans who called for him to stand down and for the club to give the job to someone new.
But despite the speculation surrounding his future, and Gazidis claiming Arsenal considered other candidates, Wenger was handed a new two-year deal.
Speaking about the process on Sky Sports, Gazidis told Gary Neville: “We’re in a society now where we are encouraged to throw away the old and buy the new thing which will make you happy and solve your issues.
“For us we thought about the issue of who we wanted to take us forward.
“When we thought about the key qualities, they were the experience, the gravitas for a club like this, a record of success in the game.
“Also we wanted someone who could represent our values as a club, what we stand for in the world of football and with our fans.
“We wanted someone who would play attacking, attractive football, that is a core part of this football club, and finally someone who would give young players a chance.
“We see players like Hector Bellerin, Alex Iwobi coming through, Reiss Nelson and Joe Willock have had a fantastic pre-season.
“If you look across the world of football this is a plum position, people want to be manager of Arsenal.
“If you look across the world of football, you don’t find better candidates than Arsene Wenger. We kept coming back to Arsene.
“It wasn’t a sentimental decision, it wasn’t based on 20 years of history with the club although there is tremendous loyalty which comes with that.
“It wasn’t a decision made out of loyalty, but out of the qualities the club has and what we feel we need over the next two years to take this club forward.”
Arsenal fans took to social media shortly after the interview to voice their own opinions.
Many were frustrated by Gazidis’ claim that Wenger was the best candidate for the job, reiterating that a new man is needed to take the club forward.