Real Madrid fans can breathe a sigh of relief after the club announced on Thursday that Francisco "Isco" Alarcon had signed a four-year contract extension.

Isco's previous deal was due to expire next summer but the new contract will keep the Spain international at the Bernabeu stadium until June 2022.

A target of top European clubs this summer, the 25-year-old playmaker has scored 33 goals and set up 29 more in 192 appearances for Real since arriving in the summer of 2013 from Malaga.

Isco was sensational for Los Blancos last season and made the most when stepping into the team following Gareth Bale's injury to prove his place is in the starting XI. He was instrumental in Real winning La Liga and the Champions League trophy.

With Real Madrid 2-0 down against Atletico, Isco scored the tie-killing goal that booked Real's place in the Champions League final in Cardiff. Atletico Madrid won the match 2-1, but Real Madrid's aggregate lead and away goal advanced them.

He was also pivotal in the key away wins over Sporting Gijon and Deportivo La Coruna that set Real up for the La Liga title. Last month, Isco also scored as Real beat Manchester United to win the UEFA Super Cup.