Overview

• Ethan Nwaneri is set to sign a new four-year contract with Arsenal, including an option for a fifth year, before his current deal expires next summer.
• The 18-year-old turned down approaches from Chelsea and several Bundesliga clubs to remain in North London.
• His new deal features a substantial pay rise from his current £10,000-a-week salary and positions him among the world’s highest-paid teenage footballers.
• Nwaneri scored nine goals in 37 appearances last season and helped England’s under-21s win the European Championship.
• Arsenal view the contract extension as key to their strategy of securing top academy talent during a busy summer transfer period.