Despite recent rumors that Alex Iwobi could move to Rome's Lazio, the English newspaper "Daily Mirror" reports that he will extend his contract with London's Arsenal.
The current winger's contract is valid until 2020, but talks about better conditions have been ongoing since the end of last season.
It is announced that the new contract of the Nigerian national team player will last for four years and should be signed soon.
Iwobi has also caught the attention of Milan and Liverpool's Everton, but Arsenal's new manager Unai Emery sees him as an important player for the team's future.
The 22-year-old player, who grew up in the Arsenal academy, will follow in the footsteps of Mesut Ozil, Mohamed Elneny, Granit Xhaka, Calum Chambers, Rob Holding, and Ainsley Maitland-Niles, who have also signed contracts this year. Meanwhile, Aaron Ramsey's situation remains unclear.