Now on sports...BREAKING: Arsenal target signs..Latest Arsenal transfer news on 11th August 2013

Reports on the Sky Sports website has revealed that Arsenal target, Diego Costa has extended his contract with the Spanish side. Diego Costa, who plays for Athletico Madrid has been a target for Arsenal and Liverpool this summer but Liverpool manager, Brendan Rodgers has confirmed it that the striker has renewed his contract with Madrid. "I believe Costa has signed an extension. There's nothing in terms of players to add. "We've signed players early on and we hope to sign some more before the end of the window. In the meantime, there's nothing at the minute." (Sky Sports) There has also been some news on the Metro website claiming that Arsenal are set to make Luiz Suarez of Liverpool the highest paid player in the club's history. Luiz Suarez has been Arsenal's main priority signing this summer, but have seen two bids rejected by Liverpool as the Reds remain adamant on selling their top man. Reports claim that the Gunners are ready to offer the Uruguayan a four year contract worth £160,000 per week making him the highest paid player in Arsenal's history. The question now is that will Liverpool let him go? Arsenal boss has revealed that he hasn't given up on Luiz Suarez despite the circumstances surrounding the player as he looks to add more players to the squad. "We want to play 55 games this­season and I think we are a little bit thin squad-wise. "I also haven't given up hope on Suarez. If I read what people are saying about him, then maybe I would give up. But we will do it the right way. "I am an optimist. That's why I do this job. We have kept the squad together for the first time in many years so I am happy." That's all for now. I'll be updating youon the latest development as time goes on. Kindly visit again.