Mertesacker will have just one year left on his current contract with the Gunners, at the end of this season.
The Sunday Mirror reports that Arsenal will offer the 29-year-old a new contract to keep him at the Emirates for the next three years.
Mertesacker has impressed manager Arsene Wenger this season and the Frenchman is keen to keep the 29-year-old at the club.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.