By Joe Nelson

Mauro Icardi has signed a new Inter Milan contract, putting to rest the rumours that he could be on his way to Arsenal this season.

The Argentine striker announced on his personal Twitter account that he has the same love for Inter that he did three years ago after committing to the new terms.

The 23-year-old club captain is said to have penned a five-year deal with a release clause of a whopping £95million.

Italian newspaper Gazzetta dello Sport had reported that Arsenal were ready to offer a bumper deal including Olivier Giroud in part-exchange for the services of the Argentine, but that possibility has now been put to bed.

Icardi’s message on Twitter reads: “New goals but always with the same love from three years for this shirt.”

Sky Sports reporter Fabrizio Romano confirmed the new mega contract deal:

The hitman boasts an impressive 52 goals in 105 games for Inter since his move from Sampdoria in 2013.

Sampdoria paid Barcelona just £350,000 for his services five years ago, before he was quickly snapped up by Inter.

The striker had been posting cryptic messages on his social media accounts through the summer, which affirmed his love for Milan as a city and further endeared himself to the Inter faithful.

Icardi had been linked with the Gunners and Chelsea throughout the summer, as their search for a striker continues, but it now seems likely that Icardi will be going nowhere anytime soon.

In other Arsenal transfer news, Arsene Wenger is set to sanction a deal for this forward.