Phew! Alexis snubs Madrid for new Arsenal contract

Arsenal fans can start thanking their lucky stars because it looks like our sensational Chilean striker is going to be at the club for years to come. So we can look forward to a lot more magnificent moments from Alexis Sanchez while the rest of the Premier League , especially the defenders, can look forward to a lot more trouble from the Arsenal attack.

When Alexis first joined the Gunners there was an element of fortune about the transfer because our EPL rivals Liverpool really wanted to sign him and it could have been very different as it was their player Luis Suarez that was heading to Barcelona and making Alexis decide to leave.

Thankfully for us the Chile international dug his heels in for his preferred move to Arsenal and he clearly thinks that it was the right choice because he is ready to snub the advances of another club in order to sign a bumper new long term contract to keep him an Arsenal player and the club in question, Real Madrid, is arguably the biggest in the world.

The Mirror is reporting that Alexis and his representatives have already agreed to the new five year deal, apparently worth around £8 million a year. That represents a decent salary increase along with some great bonus deals. How good is this news Arsenal fans?

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