Arsenal have tied up promising teenager Jack Wilshere on a new long-term contract as the Gunners continue to look to the future.

Wales international Aaron Ramsey, 18, yesterday agreed an extension to his deal, and the Barclays Premier League club have been quick to also secure the potential of Hertfordshire-born Wilshere, at the club since he was just nine.

Manager Arsene Wenger rates the England youth international highly.

Wilshere signed professional terms when he turned 17 on New Year's Day and had became the youngest player to represent Arsenal in both the league and in European competition when making his first-team breakthrough last season.

He was also an integral member of Arsenal's FA Youth Cup winning side, and looks set for a bright future at Emirates Stadium.

Wenger said: "It is such great news that Jack has signed a new long-term contract.

"Jack made great progress last season, playing at Under-18s, reserves and first-team level and we all witnessed what a great young talent he is."

Wenger added on www.arsenal.com: "At still 17 years of age, the potential is huge for Jack and we are all delighted he has committed his long-term future to Arsenal."

Ramsey has no intention of resting on his laurels after making 22 appearances last season following a move from Cardiff.

The Wales midfielder - who could have opted for Everton or Manchester United instead of the Gunners last summer - said: "I always knew that Arsenal was the club for me, they had the best plan for me.

"They have a history of bringing through youngsters, giving them opportunities and turning them into world-class players."

Ramsey added: "I am very pleased to sign a new deal.

"I have had a decent first season, learnt a lot and now am looking forward to next season.

"Now I want to be more regular in the starting XI, get a lot more games under my belt and hopefully start more games as well. They are my targets."

Wenger's only signing so far has been Belgian defender Thomas Vermaelen, and the Frenchman looks set to continue his pursuit of a holding midfielder.

Robin van Persie, last season's top scorer, is expected to agree terms on a new deal shortly, but the future of Togo striker Emmanuel Adebayor is yet to be resolved one way or another - with AC Milan continuing their interest.

The Arsenal board have, meanwhile, been digesting a proposal from major shareholder Alisher Usmanov over the possibility of a new £100million rights issue to help off-set some of the club's long-term debts.