Spanish football club Real Madrid are set to offer striker Karim Benzema a new deal during the summer, according to reports.

There have been rumours that Premier League side Arsenal could reignite their long-term interests in the Frenchman, amongst other clubs.

Benzema would receive a new deal that would see him remain at the Santiago Bernabeu until 2021as his current contract is billed to lapse in 2019. The new deal would see the player get higher wages – an improvement from the current £6.8 million annually.

While the 29-year old has been dismissed for his poor conversion rate of chances, he has remained an important part of the set up at the club. There were reports that Madrid were considering selling the player for £50 million to interested top sides while they seek for a replacement when the transfer ban is lifted this summer.

Gary Stonehouse of the The Sun reported that Chelsea wanted to acquire the player as a replacement for Diego Costa – who has been linked with a move to China at the end of this season. Arsenal, on the other hand, want the former Lyon hitman to help them with their challenges upfront.

If Benzema gets the new deal, he might end his career at the club, as he would be 34 by 2022. Since joining the European champions in 2009, Benzema has netted 173 times. Under Manager Zinedine Zidane’s time at the club, Benzema has combined well with Gareth Bale and Cristiano Ronaldo. This has made him the go-to striker anytime he is fit to play.

On the other hand Alvaro Morata, who only returned to the club this season when Madrid triggered a clause in his loan deal to Juventus, is most likely going to exit the side this summer.