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Arsenal and Liverpool handed huge blow as Joshua Kimmich finally signs new Bayern Munich deal keeping him at the Bavarian giants until 2029

Arsenal and Liverpool target Joshua Kimmich has finally signed a new deal with Bayern Munich, just four months before his previous contract was set to expire.

The German international has ended a lengthy saga of speculation about his desire to join a new club, after several Premier League clubs, as well as Barcelona and Paris Saint-Germain, expressed interest.

Previously, it was understood that the Bundesliga giants' contract offer was withdrawn after Kimmich hesitated to provide a response.

Several German outlets followed with reports that the 30-year-old captain was demanded a higher salary than the one written on the new deal, adding fuel to the club and player's disagreement.