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Real Madrid extend Isco's contract until end of 2022 season

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Should Isco's new deal worry Gareth Bale? (2:11)

Shaka Hislop and Alexis Nunes discuss the implications of Isco's new deal on Gareth Bale's future at Real Madrid. (2:11)

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.

Isco had already proven his talent before his arrival to the Bernabeu stadium.

A youth product of Valencia, he joined Malaga in 2011 and made a huge impact in his two seasons at the club, helping the Andalusian outfit reach the quarterfinals of the Champions League in the 2012-13 campaign.

He also impressed at the 2013 UEFA Under-21 Championship in Israel, where he scored one of his three goals in the competition in the 4-2 triumph over Italy in the final. He was awarded the Golden Boy Award in 2012 as the best Under-21 player in Europe.

Isco made his debut for the senior side in a friendly against Uruguay in February 2013 and has scored six goals in 22 appearances for La Roja.

Isco recently stole the show with a two-goal display in Spain's 3-0 victory over Italy in Madrid earlier this month, a result that put La Roja one step closer to qualifying for next year's World Cup in Russia.

Madrid are seventh in the Spanish league standings after three matches, four points behind leaders Barcelona and Real Sociedad.