West Ham have confirmed that Winston Reid has penned a new long-term contract with the club, ending speculation he could complete a move to either Tottenham or Arsenal.
The New Zealand international's previous contract was set to expire in the summer and West Ham looked resigned to losing him for nothing, however it's now been confirmed that he's committed his future to the east London club.
"It's one of those things that took a bit of time, but we got there in the end and I'm very happy to be here for the next part of my career," he said. "I'm looking forward to it. At the end of the day, for myself I feel comfortable here. I was speaking with the joint-chairman David Sullivan and everybody and felt like I was valued here.
"He was clearly very committed to getting the deal done and keeping me at the club, so I'd like to thank him for that and I'm delighted to sign for the next six years. My family are happy living here too. We've been part of the club living in London, so we weighed all the factors up and I'm delighted to be staying here."
The Sun report that Reid's new contract is worth an impressive £60,000-per-week over six-and-a-half years which brings the total cost of the deal to £19.5 million.
Both Arsenal and Tottenham will now have to look elsewhere for a new defender in the summer. Spurs appeared to be in the driving seat after Arsenal secured the signing of Gabriel Paulista from Villarreal in the January window in a deal worth around £11 million.
Manchester United and Liverpool had also been credited with an interest, but West Ham co-chairman David Sullivan is delighted that the 26-year-old has opted to stay put.
“It’s a great deal for the club and Winston," he said. "I am so pleased our hard work has paid off in getting him to sign. This shows the board’s commitment to keeping our best players.
“Winston is a great player for this club and he belongs here. West Ham are moving forwards and upwards. He is the kind of player we want to take us into a new era.”
Reid has certainly emerged as one of the most consistent defenders in the Premier League. The New Zealand international didn't attract the interest of some of the biggest clubs in the division such as Tottenham and Arsenal by coincidence.
However he has played his situation perfectly. Reid was out of contract in the summer and used the rumoured interest to strengthen his position brilliantly. How concrete the interest was remains to be seen - both Tottenham and Arsenal are now well stocked in defence having delved into the transfer market in the last 12 months - but that doesn't matter. He's got his deal and West Ham have a great defender.