Sign up to FREE email alerts from Mirror - Arsenal FC Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email

Arsene Wenger is holding a major review of first-team contracts at Arsenal — and that could mean a new deal for record £42million signing Mesut Ozil.

Theo Walcott signed a new deal in July that puts him close to the likes of midfielder Ozil — already the squad's highest-paid player — and fellow forward Alexis Sanchez near the top of the Gunners' salary league on around £140,000-a-week.

Defender Nacho Monreal has already been offered a new three-year deal and looks set to sign on and the North Londoners tied down striker Olivier Giroud on a fresh contract over the summer.

Although Ozil is on a deal that does not run out until 2018, the club will be keen to extend it before he gets anywhere near going into its final two years.

The 26-year-old, who won the 2014 World Cup with Germany, enjoyed an impressive end to last season and is now showing his best form on a consistent basis.

(Image: Shaun Botterill - FIFA)

There was a surprising link with Istanbul side Fenerbahce this summer, but although Ozil has Turkish ancestry it is understood he is happy in London and likely to extend.

With Mathieu Flamini and Mikel Arteta in their 30s and into the final year of their contracts, Arsenal are likely to look to add another midfielder next summer.