"Having played for 15 years in the Premier League and won every single trophy possible, I feel like I have achieved everything I set out to achieve," Cech said in January.
"I will continue to work hard at Arsenal to hopefully win one more trophy this season."
Cech will have the chance to add one last trophy to collection next week, when the Gunners take on Chelsea in the Europa League final.
Will Petr Cech become new Chelsea sporting director?
According to Sky Sports, Cech will return to former club Chelsea this summer to become the club’s new sporting director.
Petr Cech will reportedly become Chelsea's new sporting director (Image: GETTY)
Petr Cech retires from playing after the Europa League final (Image: GETTY)
Michael Emenalo left his role as the Blues’ technical director in November 2017 to join Monaco.
Chelsea, though, are yet to comment on reports that Cech will be appointed in the role.
After helping Arsenal to reach the Europa League final with victory over Valencia, Cech was asked about his plans once he finally hung up his gloves at the end of the season.
The goalkeeper said in a pitchside interview with BT Sport following the 4-2 second-leg win in Spain: "Well, I have to say I keep the door open for whatever comes.
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"You know, staying home, doing nothing, playing ice hockey, playing drums or doing something in football straight away is always a possibility.
"I will just sit at home and I will see what will come - but now really I concentrate on these last weeks, the final, I want to win it, that is all I want."
Cech added: "I always say the final is there to win, nothing else.
"In 10 years, nobody remembers who you beat, only the one who won, so you have to be on the winning side."
Petr Cech will bow out as one of the Premier League's greatest goalkeepers (Image: GETTY)
Arsenal: Petr Cech looks ahead to Europa League final
Gunners boss Unai Emery hinted that, despite losing his first-team place to Bernd Leno this season, Cech is likely to start the final against Chelsea.
He said: "(Cech's) here because he deserves to be here. His commitment to Arsenal is big. He was playing the last (Europa League) matches, perfect matches, with big performances. I want to enjoy with him this final in his career.
"I'm a privileged coach to be with him. We're going to use all our effort to win and to be together and enjoy this final together.
"I trust and believe in him. I can use him, I can use Leno, but above all I want to enjoy this with the players, and (what is) a special moment for some players.
"I spoke with Aaron Ramsey, who's injured, but it's the same with Petr Cech. I want to be with him (for) his last match, playing or not."