Vardy rejects move to Arsenal to stay with Leicester
Jamie Vardy has agreed a new four-year deal to commit his future to Premier League champions Leicester.
The England striker has rejected a move to Arsenal after the Gunners activated his £20m release clause in favour of staying at the King Power Stadium.
Vardy only signed his last contract at the Foxes in February and scored 24 goals last season as Claudio Ranieri's side won a shock title by 10 points.
This was the statement released by Premier League champions Leicester:
Leicester City have today (Thursday) agreed with the representatives of Jamie Vardy to extend the England international’s contract with the Premier League champions for a further four years.
Both parties hope that this announcement will end recent speculation regarding Jamie’s future and confirm his long term commitment to Leicester City Football Club.
Jamie will continue to focus all of his efforts on trying to achieve success with the England team at the European Championships in France.
There will be no further comment from either the Club or the player on this matter until the conclusion of the tournament.
The news was greeted with delight by Leicester's most high profile former player/fan Gary Lineker, as he hailed Vardy's decision:
This is how Sky Sports broke the news: