This contract will be worth more than £15 million to the player over the course of the three and three-quarter years he is signing for to stay at the Emirates Stadium.
Olivier Giroud is currently sidelined until the end of the year with a broken tibia but has been able to put pen to paper to a new contract that is set to keep him at the club until he turns 31. The striker is celebrating his 28th birthday today.
A new contract and a hefty wage suggests that the French striker will be a big part of Arsène Wenger’s plans for the future despite growing unrest amongst some sections of support questioning his ability to lead a Premier League title challenge.
£16 million transfer deadline day signing Danny Welbeck is currently leading the line for the Gunners.
Olivier Giroud has scored 28 goals in 72 Premier League appearances since joining from French Ligue 1 champions Montpellier in the summer of 2012.