Arsenal offers Iker Casillas a five year contract

England: Arsenal have offered a five-year contract to Real Madrid goalkeeper Iker Casillas, according to German newspaper Bild.

Casillas, 33, is looking to leave Real after falling behind Diego Lopez in the goalkeeping pecking order and following the club's signing of Keylor Navas.

Arsenal has only just signed a goalkeeper themselves in David Ospina.

But that has not stopped bid linking them with a move for Spain international Casillas, who they say will earn €126,000-a-week at the Emirates.