Reports that Alex Oxlade-Chamberlain has ‘snubbed’ Liverpool in favour of signing a new deal with Arsenal are gathering pace.

The Ox was heavily linked with a £40m move to Liverpool this summer rather than sign a contract extension with Arsenal.

The 23-year-old has just one year left on his current deal and if he was refusing to sign a new one, the Gunners would have to seriously consider cashing in on the England international now rather than allow him to leave for free next year.

Fortunately, according to Tribal Football, the midfielder appears to have chosen to stay in north London and has even come to a ‘verbal agreement’ with Arsenal, which will see him earn £100k-per-week.

The deal, Tribal Football claims, will be announced by the club this week.

The Ox has struggled for game time with the Gunners over recent years, which hasn’t been helped by a number of injuries that have kept him sidelined for weeks, if not months, at a time. However, last season, he managed to mostly avoid injury until the end, where he missed five games with a hamstring problem.

Apart from this, the Ox made 29 Premier League appearances – the most since he signed from Southampton in 2011.