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You are here: Football Transfer News Arsenal midfielder Denilson to extend loan at Sao Paulo for another year

Arsenal midfielder Denilson to extend loan at Sao Paulo for another year

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Arsenal's 24-year-old Brazilian midfielder Denilson has extended his loan stay in Brazil with Sao Paulo. The club revealed on their website that a deal had been agreed to keep the player for another year, till 2013. Arsenal manager Arsene Wenger was supposedly looking for a permanent suitor, with Abou Diaby and Jack Wilshere coming back from injury, and Alexandre Song already establishing himself as one of the most important cogs in the Arsenal machinery. However, the Tricolor have landed a deal where they will pay Denilson's wages, with Arsenal having an option to terminate the loan if they receive a permanent transfer offer.

Sao Paulo head coach Emerson Leao shared with the club's official website, "Denilson has much quality and last season he performed well here. Arsenal, rightly, would not initially release the player. Fortunately we had high-level talks in England with the board and everything was settled for the extension of the player's deal. I am sure he will continue to be a benefit to the team."

Arsenal's club hierarchy will no doubt be a little disappointed with the outcome of the Denilson scenario as they would have no doubt preferred to cash in on the player and recover as much of the £3.6 million they had originally paid to sign him.

While the details of the loan agreement suggest that could still happen, it is just as likely that the Brazilian could well spend the entire season out on loan. The one relief for the Gunners is that they at least get his wages off their books, in addition to also recouping an undisclosed loan fee.