Ashley Cole is set to sign a new contract with Chelsea according to manager Rafael Benitez.

The England left-back has been linked with a possible Stamford Bridge departure for the past few months but his boss suggests a fresh deal will soon be agreed upon.

"I am really pleased, the paperwork has to be done but the agreement is there," Benitez said after the Blues defeated Arsenal 2-1 today.

Cole's name had been mentioned in the same lines as Paris Saint-Germain and Real Madrid but it appears as though he will remain in Southwest London where he arrived from Arsenal in 2006.

 Click here to reach the No1 destination for hard news and exciting gossip on Chelsea