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Confirmed: Manchester City and Arsenal target Lucas Hernandez signs new contract with Atletico Madrid

Manchester City and Arsenal target Lucas Hernandez has ended speculation linking him with a move to England by signing a contract extension at Atletico Madrid.

Both Premier League clubs are expected to be busy in the transfer market this summer with defensive signings a priority.

Talented Frenchman Hernandez has impressed for Atletico this season during his 12 La Liga appearances and it was suggested that his contract included a £20m release clause.

Barcelona were also interested in the left-back but now he has decided to commit his future to Atletico by penning a fresh deal until 2022.