Arsenal target set to sign new Lazio contract

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Arsenal have been dealt a blow in their alleged pursuit of Miroslav Klose, with the veteran striker poised to sign a new one-year contract with Lazio, reports talkSPORT.

The 35-year-old was heavily linked with a move to north London during the January transfer window, but chances of a Premier League switch now look highly unlikely, given that he's about to pen new terms at the Stadio Olimpico.

Gunners boss Arsene Wenger was credited with an interest in bringing the Germany international to the Emirates Stadium as he looked to add cover for first-choice striker Olivier Giroud.

However, Arsenal will now have to turn their attention to alternative options in the summer, with Klose set to extend his stay in Italy by a further 12 months.

Speculation had suggested that the striker would head to the MLS at the end of the season, in search of one final pay-day prior to retirement.

But, the Serie 'A' giants are understood to have convinced Klose to take a pay-cut and stay in Rome until the end of 2014/15.

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