Jamie Vardy has signed a four-year contract extension with Leicester City, putting an end to the rumors he was considering leaving the Premier League champions to sign with Arsenal.
Leicester City announced the extension on Thursday.
“Leicester City have today (Thursday) agreed with the representatives of Jamie Vardy to extend the England international’s contract with the Premier League champions for a further four years,” the club said in a statement. “Both parties hope that this announcement will end recent speculation regarding Jamie’s future and confirm his long term commitment to Leicester City Football Club.”
Arsenal had reportedly made a bid to sign Vardy worth nearly $28 million, which would have paid him about $170,000 a week. Leicester reportedly countered with an offer worth $140,000 a week.
Vardy joined the Leicester City squad in 2012 and has scored 49 goals in 133 appearances there. He was named Premier League Player of the Season after scoring 24 goals this season.