Mikel Arteta has agreed an improved new contract with Premier League champions Arsenal, with his current deal due to run out at the end of this season.
Talks have been going on for months, and it was reported earlier this month that a deal was close. It is now understood that Arteta has reached a final agreement with the club, which will keep him at Arsenal into at least his 10th year there after arriving in December 2019.
The new contract is also set to bring a significant pay rise from his current package of £10m a year plus £5m in bonuses. Arteta said last week that fans did not need to worry because he wanted to stay, adding that he was "extremely happy" and "very grateful" to work with the people around him.
The move underlines how central Arteta remains to Arsenal's recent rise. He has already led them to their first Premier League title in 20 years last season, and the club also came close to winning their first Champions League trophy. With the agreement now in place, Arsenal keep the manager who has been key to that revival.
Talks have been going on for months, and it was reported earlier this month that a deal was close. It is now understood that Arteta has reached a final agreement with the club, which will keep him at Arsenal into at least his 10th year there after arriving in December 2019.
The new contract is also set to bring a significant pay rise from his current package of £10m a year plus £5m in bonuses. Arteta said last week that fans did not need to worry because he wanted to stay, adding that he was "extremely happy" and "very grateful" to work with the people around him.
The move underlines how central Arteta remains to Arsenal's recent rise. He has already led them to their first Premier League title in 20 years last season, and the club also came close to winning their first Champions League trophy. With the agreement now in place, Arsenal keep the manager who has been key to that revival.
