Premier League News: Arsene Wenger Signs Three-Year Arsenal Contract Extension

Arsene Wenger and Arsenal have been as one since September 1996, and many believed the time was right to part ways, but the vast majority wanted him to stay at the Emirates. Today it was announced that Wenger has signed a three-year extension, and that will see him stay until 2017. They had waited nine years for another trophy, but after winning the FA Cup final against Hull City earlier this month, many believe he can rebuild Arsenal in to the very best team in England once again.

The 64-year-old veteran manager is the longest-serving manager in the Premier League, but it seems his excitement still remains. He explained "We are entering an exciting period. We have a strong squad, financial stability and huge support. The club has always shown faith in me and I'm very grateful for that. We have gone through fantastic periods and also periods where we have had to stick together. Every time when that togetherness was tested I got the right response."

He believes his loyalty will allow for him to achieve further success, he continued "I think I have shown some loyalty as well towards this club and hopefully we can make some more history. I am sure we can."

Wenger's contract was set to expire this summer, but Arsenal believed he had to remain as their manager. Are they right to make this move? We will see in the coming months and years, but it's refreshing to see loyalty in a day and age where managers are sacked at every bad move they make.