The announcement could come as early as Thursday, according to people familiar with the situation who were not authorized to discuss it publicly.
Arena, 62, is entering his seventh season with the Galaxy, having led the team to
He also won two MLS Cups while coaching
A member of the National Soccer Hall of Fame, Arena also was coach of the U.S. men's soccer team from 1998 to 2006, including the World Cups in 2002 and 2006. And he was the coach of the U.S. team at the 1996 Olympics.