Mikel Arteta has agreed a long-term contract extension with Arsenal that will keep him at the club for at least another three years, the Guardian reports. The 44-year-old’s current deal expires at the end of this season and the new agreement includes a substantial pay rise on his current £10m annual salary plus £5m Champions League bonus.
Negotiations have been ongoing since May, when Arsenal won the Premier League title. They were paused during the summer transfer window but have now reached a verbal agreement. The length of the contract is not yet confirmed but Arteta is understood to have committed for at least three more years, which would take his tenure beyond 2029.
Arteta told reporters before Saturday’s defeat at Brighton that he was relaxed about talks. “I think we are all very much aligned,” he said. “Whenever the time is right, we’ll get that done. There is nothing to be concerned about.”
The extension cements Arteta as one of football’s best-paid managers and reflects his achievements since taking over in December 2019, including last season’s Premier League title and Champions League final appearance.
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