F.Fabregas will wear "Arsenal" jersey until 2014 © EuroFootball.com

London's young star from Spain, Cesc Fabregas, has officially signed a new eight-year contract with one of the strongest English teams and will remain there until 2014.

"I am very happy and excited to have signed a new long-term contract," said the 19-year-old footballer. "I wanted to thank the whole club, especially coach Arsene Wenger, who supported me greatly and believed in me.

"Now it is very important to reveal the true potential of the team and win many trophies. That is our collective and personal goal."

This summer, there were many rumors about his transfer to Madrid, but Cesc Fabregas himself has repeatedly stated that he is happy with life in London and has no plans to return to his homeland for now.

The talented Spaniard, who participated in the World Cup with the Spanish national team this summer, moved to Arsenal from Barcelona's youth academy in July 2003.