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Wenger reportedly sanctions whopping new contract extension as the Gunners attempt to keep hold of their England international with Antonio Conte plotting swoop
Chamberlain will reportedly be offered a bumper four-year deal by Arsenal to fend off interest from Chelsea.
Arsenal will make a move to end speculation about the future of Alex Oxlade-Chamberlain by offering him something closer to the wage he wants.
Chelsea have the sights set on the England international with a bid of £40m being made.
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