Ashley Cole has signed a new contract at Chelsea Football Club.

The England international, who once wrote how he almost crashed his car in shock when Arsenal offered him a paltry reported £60,000-per-week, has agreed a new five-year deal with the Blues.

His new contract will earn him a fee in the region of £120,000-per-week, which puts him amongst the highest earners at Stamford Bridge such as John Terry, Frank Lampard and Michael Ballack.

From last season, Cole, 28-years-old, begun to show the sort of form which made him one of the best left-backs in the world, and he has continued this into the new campaign.