London, Feb 2 (IANS): Arsenal attacking midfielder Mesut Özil has signed a contract extension, ending rumours that had linked him with a move to Manchester United or Paris Saint-Germain.

"We're delighted to announce that Mesut Özil has signed a new long-term contract with us," the London football giants Arsenal said on Thursday.

The 29-year-old German international, whose previous contract was due to expire in June, will reportedly see his weekly salary rise to 350,000 pounds ($498,100), making him Arsenal's highest paid player, reports Efe.

Since joining Arsenal in 2013 from Real Madrid, Özil has 36 goals and 61 assists in 182 matches for the Gunners, winning three FA Cups.

"Proud to announce: I signed dat thing ... three more years with Arsenal! It's been one of the most important decisions of my footballing career and that's why I had to think hard and talk with everyone who's important to me ... good things take time!," Özil wrote on Twitter.

Özil's contract extension comes a day after Arsenal signed Pierre-Emerick Aubameyang from Borussia Dortmund for a club record 56 million pounds ($80 million).

Earlier in the January transfer window, Alexis Sanchez left Arsenal to join Man United. Arsenal's Olivier Giroud left for Chelsea.