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Arsene Wenger has confirmed he has given the green-light for Ashley Cole to receive the wage increase he is looking for. Talks over a new deal have stalled after the Gunners board reportedly lowered their initial offer at the last minute. This led to Cole meeting with rivals Chelsea as he explored his options, while a clutch of foreign clubs are also known to be keen. The Football Association have since charged the defender and Chelsea, and many thought Cole's position at Highbury had become almost untenable. However, Wenger has insisted he wants Cole to stay and become one of the highest paid players at the club.
After helping Arsenal lift the FA Cup with a vital penalty, Ashley Cole has declared that he intends to stay with The Gunners.
The England star's future at Highbury had been thrown into considerable doubt following the tapping-up row with Chelsea, with Cole set to learn whether he will be punished for the affair on June 1.
European giants such as Barcelona were rumoured to hold a strong interest, with boss Arsene Wenger previously expressing his concerns that Cole's agent Jonathan Barnett would seek to move the player on rather than sign a new contract.
Arsene Wenger is still hopeful that Arsenal can persuade Ashley Cole to sign a new deal, despite the fall-out from the tapping up affair.
The England international had been found guilty of making an illegal approach to Premiership champions Chelsea and was fined £100,000.
He has since dropped his appeal against the decision, although seemed to have burnt his bridges with the North London side after criticising the club's hierarchy and indicating that he would not extend his current deal.