The young striker was the breakout star at Arsenal last season.
Alexis Sanchez celebrates scoring the first goal for Arsenal with Alex Iwobi
The youngster was the breakout star at Arsenal last season as he became a first team star at the club.
He was originally handed a place in the squad by Arsene Wenger, before breaking into the first team in the second half of the season and keeping it courtesy of a series of impressive performances.
Arsenal's Alex Iwobi shoots at goal
He is very much one for the future at the club, with hopes he can become their latest young star to become a key player as the likes of Hector Bellerin have already done.
Of course, at 20-years-old he has plenty of developing still to do and says he is looking to add more goals and assists to his game next season.
“I think because of the position I play I need to get more goals and assists,” he told arsenal.fc.com.
“I haven’t done that for a while, a few games, so I need to add that to my game next season. I'm aware I haven’t got an assist or a goal for a few games, so I need to get something.”
Crystal Palace's Yannick Bolasie in action with Arsenal's Nacho Monreal and Alex Iwobi
It remains to be seen whether Iwobi can continue his starring role in the Arsenal first team next season.
The Gunners are expected to be busy in the summer transfer window and have already tabled a bid for Leicester City star Jamie Vardy.
Should a striker arrive for big money that would surely see Iwobi drop out of the team, which would be unfortunate for him given his displays last season.
Arsenal's Alex Iwobi in action with West Ham's Manuel Lanzini