According to reports, Mikel Arteta got a big pay boost after pledging to stay with Arsenal for the long haul. The 42-year-old will remain with the team until 2027 after agreeing to a new three-year contract. Arsenal has not yet formally announced the news, but The Athletic claims that Arteta has finalized the extension.
The previous deal for Mikel Arteta was supposed to expire at the end of the season, but both sides took early action to “eliminate any uncertainty” about his future. According to earlier Daily Mail reports, Arteta would receive a huge pay boost from Arsenal, possibly the highest-paying contract ever extended to an Arsenal manager.
It is anticipated that Arteta’s pay will increase from £9 million to approximately £15 million per season, putting him in line to earn Pep Guardiola’s £20 million salary at Manchester City. With this new contract, Arteta would rank among the Premier League’s highest-paid managers, according to GiveMeSport.
Arteta has been instrumental in Arsenal’s comeback since succeeding Unai Emery in 2019. He helped the team win the FA Cup in 2020 and ensure their first-ever Champions League return in 2023 after a seven-year hiatus. For the second straight year, Arsenal placed second in the Premier League, just behind Manchester City.
Arsenal moved swiftly to extend Arteta’s contract, especially since Barcelona was also interested in him prior to Hansi Flick being named head coach. In a statement made to supporters last month, Arteta expressed his happiness at Arsenal and expressed his belief and hunger for the team.
