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Mesut Ozil is driving a hard bargain over a new contract - but Arsenal remain confident he will sign one.

Despite reports in Germany, the Arsenal midfielder has yet to agree a contract with negotiations ongoing between the club and Ozil’s representatives.

Ozil, 27, knows his market value has rarely been higher as he seeks a big rise from his current £140,000-a-week deal which expires in 2018.

Arsenal are likely to come to an agreement around the £200,000-a-week mark but Mirror Sport understands that, while the club remain confident he will sign, a final agreement has yet to be reached.

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Talks and discussions are ongoing and the club are hopeful that Ozil - who is happy at Arsenal and with life in London - will commit himself within the next few weeks.

(Image: Getty Images) (Image: Mike Hewitt)

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Ozil has already been joined at Arsenal by another Germany team mate Shkodran Mustafi and the club want him and Alexis Sanchez to sign new deals.

Sanchez wants around £200,000-a-week with a buy-out clause before signing an extension on his deal which also expires in 2018.