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Arsenal owner Stan Kroenke has confirmed a new deal for Granit Xhaka in the club’s matchday programme today.
Xhaka was heavily linked with a switch to join Roma earlier in the summer.
But after the Serie A side failed to come up with a suitable transfer fee, the Swiss midfielder has decided to remain in North London.
Kroenke and son Josh spoke of Arsenal’s transfer business in the programme, reports Football.London ahead of today’s meeting with Chelsea.
They said: “We know there is much work ahead to get back to where we need to be but are confident about what can be achieved by this great club and our people.
“We are building a squad, rich in young talent, much of it developed through our wonderful academy.
“It is clear looking across Europe that we are dealing with a difficult transfer market due to the impacts of the pandemic but at the time of writing, are delighted to have signed Nuno Tavares, [Albert] Sambi Lokonga and Ben White.
“We have also renewed the deals of Kieran Tierney and Emile Smith Rowe, both on a long-term basis.
“These are all young players that we are convinced can develop further and have a bright future with us.
“They are supported by a strong group of more experienced players including Granit Xhaka, who has signed an extended contract.
“This is an important step in terms of maintaining balance and stability in the squad.
“In the meantime, the transfer negotiating team has been working hard behind the scenes to improve the squad further.”