Arsene Wenger has revealed his delight after both Santi Cazorla and Theo Walcott agreed to extend their contracts with Arsenal.
Cazorla's new contract is believed to keep him in north London until 2017 while Walcott agreed a four-year deal.
It was great news for Arsenal fans, who had seen both players linked with moves away. Walcott had entered the final 12 months of his deal and the situation started to bear resemblance to the last time he negotiated a new contract.
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Arsenal are much more competitive than in 2013, when Walcott threatened to leave on a free transfer after allowing his deal to run into it's final six months.
They are also richer and were able to offer Walcott a hefty pay rise on his £100,000-a-week contract. BBC journalist David Ornstein confirmed his new deal will see him earn £140,000-a-week alongside the club's highest earners.
For Cazorla, reports in Spain had continued to link him with a return to La Liga. Atletico Madrid had been tipped to make a move for him as they looked to replace Arda Turan.
Both have emerged as key members of Wenger's squad and have been tipped to play a vital role in the upcoming season. Wenger told reporters exactly why he is so delighted to secure their futures.
"I think he's at a moment of his career where he knows that it's now time for him to completely fulfil his potential."
"I'm very happy because first of all, they are two exceptional players, and as well because I think the cohesion inside the club is an underestimated quality," he said.
"Santi is technically perfect, he’s a very intelligent player and a very good team player as well.
"Theo is a good goalscorer and he makes very intelligent runs. I think he's at a moment of his career where he knows that it's now time for him to completely fulfil his potential."