A blow to Arsenal as Leicester Signs a new Four-year deal for Jamie Vardy

A report from the premier league champions has confirmed that Jamie has turned down a move to Arsenal by signing a new four-year deal with  Leicester.
Speculation about a move to the Emirates was dismissed after Arsenal triggered the England striker’s release clause
shortly before Euro 2016 began earlier this month.
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,” the club said in a statement. “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.”
The decision is a major blow to Arsenal, who had hoped to
wrap up a quick deal for Vardy before he joined up with the
England squad.
But the striker then left for France without announcing his
decision, and Arsenal boss Arsene Wenger said at the
weekend he expected Vardy to stay with the Foxes. Leicester
had countered Arsenal’s bid by offering to double the wages
of Vardy, who smashed 24 goals in the club’s title-winning
season’s title defence and Champions League campaign.
Riyad Mahrez and N’Golo Kante have also been linked with
several clubs — including Arsenal — but Leicester’s owners
have sent the message that they hope to keep their most
prized assets.