Giovinco Close To New Contract

Giovinco is widely regarded as one of Europe’s most exciting young talents, and the future of Juventus and Italy. However his future at his current club has been called into question this summer, as some problems began to emerge regarding the renewal of his contract.Giovinco has been demanding an improved pay package, but for a long while it was reported that Juve were only willing to pay the fantasista a relatively low €500,000 per year.There was speculation that a host of top Premiership sides were ready to take advantage of the situation, with Arsenal, whose manager Arsene Wenger is a known admirer, particularly linked with the ‘Atomic Ant’.However all this conjecture could now be put to bed as, according to reports in Italy, Giovinco is on the verge of signing a new contract with Juventus.The 21-year-old has been granted an increase in wages, as well as a two year extension until 2013, and the new deal could become official by the middle of next week.This is potentially fantastic news for all Juventus fans, as Giovinco has fast become the player who they are pinning their future hopes on, and the thought of him leaving had caused panic among many tifosi.