Blow for Arsenal and Liverpool! Real Madrid star signs new deal

Arsenal and Liverpool's hopes of landing Real Madrid star Karim Benzema appear to be over after the forward signed a new five-year contract with the European champions.

The France international had been tipped for a move away due to Los Blancos signing Colombia star James Rodriguez and their reported interest in Monaco striker Radamel Falcao.

But the 26-year-old has agreed fresh terms at Santiago Bernabeu, putting an end to rumours linking him with a £30million move to either the Gunners or the Reds.

Benzema enjoyed a great season last time out, scoring 17 goals in La Liga as he formed one third of Real's potent attack, which included superstars Gareth Bale and Cristiano Ronaldo.