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18/10/2013 07:49 BST | Updated 18/10/2013 07:52 BST

Joachim Löw Signs New Germany Contract, Won't Replace Wenger At Arsenal

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Löw after signings his new contract on Friday morning

Germany coach Joachim Löw will not replace Arsène Wenger as Arsenal manager next year after he extended his contract until 2016.

Wenger is yet to decide whether he stay beyond next summer with Arsenal and Löw had been touted as his successor after the 2014 Word Cup.

However, Löw, general manager Oliver Bierhoff and goalkeeper coach Andreas Kopke have committed to new deals with Die Mannschaft after the Germans booked their place at next summer's finals.

"I really enjoy working with the team and the coaches and I feel a great deal of motivation to develop this team further," Low told the German Football Association's official website.

"We're not yet at the end of our path and we still have big goals that we want to achieve together."

Löw, 53, took over as Germany coach following the 2006 World Cup, replacing Jurgen Klinsmann, for whom he had worked as assistant.

Germany reached the Euro 2008 final but were defeated by Spain in their first tournament under Löw and were eliminated by La Roja at the semi-final stage of the 2010 World Cup.

At Euro 2012, a Mario Balotelli double denied them a final reunion with Spain in the last four.