Report - Arsenal offer Giroud two-year extension with 50% pay increase

Arsenal have reportedly put terms to Olivier Giroud over an extension to his current contract. has revealed that Arsenal striker Olivier Giroud is close to agreeing a new contract at the North London club.

Giroud has been in the treatment room with an ankle injury, which has seemingly allowed him and his representatives to work on a new deal with the club, which will see him stay until 2018.

“Olivier Giroud is close to agreeing a new contract with Arsenal, Goal can reveal,” reports Goal.

“The French striker, who is sidelined with a broken foot, has been offered a two-year extension to his current deal that will run until 2018.”

“Goal understands that the fresh terms will lift Giroud's salary from £60,000-a-week to the £90,000-a-week mark.”

The news is positive for both the player and the club.

It’s positive for Giroud because it’s an indication that he’s still a key figure in Arsenal’s plans despite his injury providing Alexis Sanchez, Yaya Sanogo and Danny Welbeck with the chance to secure the centre forward role in his absence.

It’s positive for the club because it reduces the chance of any side coming in and poaching him away and they appear to have worked out a deal, which doesn’t seem to have cost them a silly amount of money.

When considering that Manchester United are paying two strikers at the £300,000 per week mark, the new deal for Giroud appears to be good value for money.

There is a little bit of pressure attached to the deal because Arsenal fans will want to see improvements and a bettered goals to games ratio from the Frenchman when he does eventually return.

The club have to be praised for (nearly) getting another player committed on a long term deal with the likes of Aaron Ramsey, Per Mertesacker and Santi Cazorla among others all having recently extended their deals.

Here’s to hoping it goes through without any hitch.

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