Wenger signs new deal, to stay at Arsenal until 2017

Arsenal have confirmed manager Arsene Wenger has signed a new contract with the club.

Wenger, who is the Premier League's longest-serving manager, has put pen to paper on a three-year deal that ties him to Emirates Stadium until May 2017.

The former Monaco boss said he would agree a new deal with the Gunners, with his previous terms due to expire in the summer.

Wenger had come under pressure after a slump in form in the Premier League, but ending their nine-year wait for a trophy by winning the FA Cup at Wembley in May lifted the mood at the club.

The Frenchman told the club's official website: "I want to stay and to continue to develop the team and the club. We are entering a very exciting period. We have a strong squad, financial stability and huge support around the world.

"We are all determined to bring more success to this club. The club has always shown faith in me and I'm very grateful for that. We have gone through fantastic periods and also periods where we have had to stick together.

"Every time when that togetherness was tested I got the right response. I think I have shown some loyalty as well towards this club and hopefully we can make some more history. I am sure we can."

Wenger took over at Arsenal in 1996 and has led the team to three Premier League titles and five FA Cup triumphs -- managing the Double in 1997-98 and 2001-02.

Arsenal's majority shareholder, Stan Kroenke, said: "Sustained excellence is the hardest thing to achieve in sport and the fact Arsenal has competed at the top of the game in England and Europe throughout the time Arsene has been manager, is the ultimate testimony to his consistency of performance, talent and ambition.

"We are delighted with the FA Cup success which has added to his already outstanding record. Under his guidance we look forward to adding more trophies in future seasons."

After joining the club from Nagoya Grampus Eight, Wenger's methods revolutionised Arsenal, overseeing an unbeaten campaign and developing star names such as Thierry Henry and Patrick Vieira.

Following impressive success in North London, Wenger struggled to replicate those heights, going close in 2006 when losing to Barcelona in the Champions League final and again in 2011 after falling to defeat versus Birmingham in the League Cup showpiece.

But, after overseeing the club during their change of stadium from Highbury to the Emirates, Wenger broke the side's transfer record last summer with the 42.4 million-pound signing of Mesut Ozil from Real Madrid.

Arsenal led the Premier League table for the first half of the 2013-14 campaign before suffering from a drop in form and ultimately finishing fourth -- qualifying for the Champions League for a 17th straight year in the process.

They went on to hold their nerve in the FA Cup last month, beating Hull 3-2 in extra-time at Wembley.

Wenger has been tipped to again spend big this summer as he looks to use the momentum of the FA Cup success and sustain a challenge for the league title.

soccernet.com

Finally, it's done - sealed and delivered !!! So happy for my beloved club. I'm confident he will bring the club forward for more success...In Arsene I trust !!!