• Arsenal and Spain right-back to be paid around £120,000 per week • Bellerín had been linked with Barcelona and Manchester City

This article is more than 3 years old

This article is more than 3 years old

Héctor Bellerín has signed a new long-term contract with Arsenal. The 21-year-old Spain right-back is understood to have agreed a deal of around six-and-a-half years worth approximately £120,000 per week.

Bellerín’s performances had seen him linked with moves to Barcelona and Manchester City in recent weeks.

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He told the Arsenal website: “I’m really happy. I’ve been here a long time and feel like this is my home, so I’m very happy to still be a Gunner for many more years. This is a really big day for me.”

Arsène Wenger had said he was planning to offer Bellerín a deal after praising his “absolutely spectacular” development following a “nightmare” full debut against Borussia Dortmund in the Champions League in 2014.

The defender made 44 appearances in 2015-16, creating nine goals. He was named in the Professional Footballers’ Association Premier League team of the year and in the Spain squad for Euro 2016. He joined Arsenal from his hometown club Barcelona and was linked with a return to Camp Nou.

Arsenal may now be eager to secure new deals for Alexis Sánchez and Mesut Özil. The pair’s contracts expire in the summer of 2018. So too do the contracts of Olivier Giroud and Alex Oxlade-Chamberlain. Per Mertesacker’s contract expires at the end of this season but the 32-year-old German is not in the first team.

Arsenal play Paris Saint-Germain in the Champions League on Wednesday.