Arsenal are closing in on a lucrative new contract for Mikel Arteta, poised to make him the Premier League’s highest-earning manager after Pep Guardiola’s exit from Manchester City. The Gunners are optimistic about finalizing terms that will see the 44-year-old’s salary significantly increase from his current package.
Arteta’s present agreement runs until the end of the next season, and while no official announcement is expected until after his holiday, initial negotiations have been encouraging. Sources indicate that the extension is a matter of timing rather than uncertainty, with the club eager to secure his future.
The proposed deal is a three-year extension, according to BBC Sport, and will include a substantial raise on his existing wages. Arteta currently earns £10 million annually, plus an additional £5 million tied to Champions League qualification. The new terms will place him above all other managers in England following Guardiola’s departure, whose contract was worth over £20 million per season. Arteta’s new earnings will approach that benchmark, reflecting his success at the Emirates.