The Gunners want to reward the 20-year-old again after establishing himself as a first-team regular, with deals for Bellerin, Ozil and Sanchez in the pipeline too
Alex Iwobi is in line for a bumper new Arsenal contract – just six months after his last deal.
Starlet Iwobi signed an agreement worth £25,000-a-week in April but is now in line for a further extension, which underlines him becoming a fixture in the first team this season.
The 20-year-old Nigeria international has impressed the club’s top brass and manager Arsene Wenger with his progress, and will be rewarded with a big rise and another improved contract if he keeps it up.
Iwobi has been one of Wenger’s best recent success stories and Arsenal want to tie him down for the long term and take him up to a good first-team salary.
The Gunners are also set to open discussions with Hector Bellerin , now Manchester City particularly keen on the Spanish right-back.
Wenger is also hopeful of tying down Mesut Ozil and Alexis Sanchez to big new deals.
This report was first published in the Mirror.