Goal exclusively revealed earlier in September that the striker, who is currently sidelined for a broken foot, was close to agreeing a two-year extension with increased wages
Arsene Wenger has confirmed that Arsenal have agreed a new contract with Olivier Giroud.
Goal exclusively revealed earlier in September that the striker was close to agreeing a two-year contract extension, with his current €77,000-a-week salary to be increased to €115,000 a week until 2018.
Giroud – who has scored 41 goals in 102 appearance for the Gunners – is currently sidelined with a broken foot, with a return not expect before December, but Wenger is keen to retain the “core” of his team.
Speaking ahead of Arsenal’s Champions League clash with Galatasaray, Wenger told reporters: “It is done. We will announce it when it’s completely finished.
“We want stability and we want to keep the core of our team together because I’m a great believer in that. I believe Giroud is an important player here.”
Giroud faces increased competition upon his return to the Arsenal first team, with Danny Welbeck arriving from Manchester United for €20 million and Alexis Sanchez from Barcelona for €40m during the summer.
Meanwhile, Theo Walcott’s rehabilitation from cruciate knee ligament damage sustained in January continues.