Ramsey has been offered a long-term contract by Arsenal that will include a large pay rise but he is likely to negotiate

Arsenal have offered a new five-year contract to Aaron Ramsey in their first significant move since appointing Unai Emery as head coach last week.

The Spaniard is eager to retain and build a team around Ramsey, who has one year left on his existing deal and will be sold if he fails to agree new terms.

Arsenal are determined to avoid repeating the mistakes made last summer with Alexis Sánchez and Mesut Özil, who were allowed to enter the final 12 months of their contracts, a decision which many at the club feel undermined their season and has had ongoing financial consequences. Sánchez was allowed to join Manchester United last January in a swap deal with Henrikh Mkhitaryan, but with Arsenal reluctant to lose two