Arsenal have agreed a deal with German international Mesut Ozil and the former Real Madrid player will sign an extension soon.
The Gunners are determined to hold on to their key players and are willing to thrash out mega-money contracts if need be.
The likes of Alexis Sanchez and Mesut Ozil have agreed to extend their stay at Emirates according to Don Balon. The publication also states that the news of the extension will be jointly announced soon.
According to the report, Ozil and Arsenal reached a verbal agreement back in September and the world cup winner will put pen to paper soon.
Arsenal fans will be delighted to see the ambition shown by their club.
Previously Arsene Wenger was reluctant to hand out such lucrative contracts, but it seems the frugal French coach is now open to change.
Ozil has been outstanding all season and in the absence of Ramsey, Wilshere, Chamberlain and Walcott, the German has been the primary creative outlet for Arsenal.
The same can be said about Alexis Sanchez, who has been in red hot form since joining the Gunners from Barcelona last season.