London: Theo Walcott and Santi Cazorla have signed new contracts with Arsenal by extending their terms for four and two years respectively. Walcott's new deal is worth 140,000 pounds a week. He has scored 50 league goals in his 208 appearance for Arsenal after moving from Southampton in 2006 for 12.5million pounds.
Team manager Arsene Wenger said that both were top-quality players who were hugely important and influential to their squad, the BBC reported. Wenger added that they both had a great deal of experience and were very popular off the pitch besides their huge contributions on the pitch.