Vardy spurns Arsenal, commits to Leicester

Leicester - Jamie Vardy gave a huge boost to champions Leicester City on Thursday by rejecting an offer from Arsenal to sign a new contract.

The 29-year-old striker - presently on duty with England at Euro 2016 -agreed to an improved four year contract offer from 'The Foxes' and spurning Arsenal's advances after it activated a £20 million release clause.

"Both parties hope that this announcement will end recent speculation regarding Jamie's future and confirm his long term commitment to Leicester City Football Club," read a curt statement from the club.

The statement also said that no further comment will be made by the club or the player until the conclusion of the European Championship in France.

Vardy, who had only signed a new contract with Leicester in February this year, scored 24 goals last season as Claudio Ranieri's side stunned its bigger rivals by winning the title by 10 points.