Arsenal are ready to offer Alex Oxlade-Chamberlain a new deal worth £100,000-per-week to stay at the club, according to The Mirror.
The midfielder’s current contract expires next summer but Arsenal want to begin talks over an extension next week.
Arsene Wenger has insisted recently he is desperate to keep the former Southampton man at the club after reported interest from both Liverpool and Manchester United.
The boss has warned of “big damage” if Oxlade-Chamberlain were allowed to leave and claims he wants him to stay at Arsenal for the next 10 years.
The 23-year-old admitted at the start of the season he could be tempted to leave if he were unable to secure regular football at the Emirates this season.
However, he has had a growing influence in recent months and has arguably been one of the club’s most impressive and consistent performers in recent weeks.
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Oxlade-Chamberlain’s versatility has also proven useful with the England international having played in central midfield as well as at wing-back for Arsenal recently.
The report states that Arsenal are determined to keep hold of him and are willing to give him a significant pay rise in a bid to keep him at the club and stave off interest from elsewhere.
Oxlade-Chamberlain has made 41 appearances for Arsenal this season but only 23 starts, in all competitions, and it remains to be seen if that is enough football to entice him to stay at Arsenal.
Wenger continues to speak highly of him, although if everyone is fit, he’s unlikely to be an automatic first choice, which makes the boss’ words and the huge new contract a little confusing.