Those expecting us to be like a fantasy football team in cheat mode will be underwhelmed by keeping Elneny and Eddie (if the latter is true). Those of us who recognise that we need to be smart going into a season with Europa rather than CL football should be pleased. For me keeping Elneny - a solid back up/reserve player who has shown that he has the right temperament to do a job when called on - is a no brainer.
As for Eddie - a player who is still (just) 22, with a proven track record of being a prolific (record breaking) goal scorer for England at under 21 level, and who scored 5 goals in 8 starts for us at the end of this season (showing a great attitude when he could have sulked about the manager's previos lack of faith in him). I'm struggling to think of a better striker for his age in the country, and even more importantly he is one of our own and has shown that he is developing - I think he has incredible potential to be something special. Let's also remember that he scored his goals when we were playing with a patched up midfield and an unbalanced team due to defensive injuries.
Now the 'soft' factors. We have committed to a base of talented young players bought into Arteta's project as the way to compete with the massive spending power of the teams above us. Eddie fits this bill.
If Eddie was being re-signed as our main striker I could see the issue, but we will certainly be in for a senior striker, and probably another 'top' player who can play wide or centrally. For me giving him a new contract is smart business, and I'm pleased that it seems as though he is bought into what we are trying to do.