Mikel Arteta Agrees New Arsenal Contract With Significant Pay Rise

Mikel Arteta has agreed a new contract with Arsenal that will keep him at the club into at least his 10th year in charge, according to the BBC.

The Spanish manager’s current deal was due to expire at the end of the 2026/27 season, but Arsenal have now reached an agreement with Arteta over a new long-term contract.

While the exact length of the new deal is yet to be confirmed, the agreement is expected to extend Arteta’s tenure well beyond his current contract and underline Arsenal’s commitment to their manager.

Arteta is also set to receive a significant pay rise. The 44-year-old currently earns around £10 million per year, with the potential to receive a further £5 million in bonuses. His new agreement will reportedly improve those financial terms.

Arteta joined Arsenal in December 2019 and has since transformed the club into a consistent contender at the top end of English football. His work has also seen Arsenal return to the Champions League and compete regularly for major honours.

The new contract represents a major vote of confidence in Arteta as Arsenal look to build on their progress and maintain their position among the Premier League’s leading clubs.

With the agreement now reached, Arsenal supporters can expect Arteta to remain at the Emirates for the foreseeable future as the club continues its long-term project under the Spaniard.