- Mikel Arteta has agreed to a new three-year deal with Arsenal, keeping him at the club until 2027
- Arteta is set to earn around £15 million per season with his new contract, a significant increase from his current £9 million-a-year wage
- Arsenal are banking on Arteta to end their two-decade wait for a Premier League title
Mikel Arteta has reportedly penned a new three-year contract with Arsenal, affirming his position as the man entrusted to lead the Gunners' pursuit of their long-awaited Premier League success.
The Spaniard, whose previous deal was set to expire at the end of the season, is now expected to remain at the Emirates until 2027.
The move comes as no surprise to those who have witnessed Arteta’s profound impact on the club since taking over in December 2019.
Appointed as Unai Emery’s successor, Arteta came with the pedigree of being Pep Guardiola’s assistant at Manchester City, which many saw as a bold move by Arsenal.
Within months, he secured his first piece of silverware, guiding Arsenal to a 2019-2020 FA Cup triumph. That victory was a sign of things to come, as the Gunners have steadily improved under Arteta, even finishing second to Manchester City in consecutive Premier League campaigns.
This contract extension is expected to be formally announced by the club ahead of Arsenal’s critical North London derby clash against Tottenham.
Earlier reports from the Daily Mail hinted that Arsenal were ready to offer Arteta the most lucrative contract in the club’s history, a salary that now sees him closing in on Pep Guardiola’s £20 million-a-year earnings.
Arteta’s new deal, reportedly worth £15 million annually, represents a significant increase from his previous £9 million-a-season wage, making him one of the Premier League’s highest-paid managers.
Arsenal values his contributions and is eager to secure him for the long term, as the 42-year-old aims to win the club's first Premier League title since their unbeaten season in 2003-04, popularly regarded as the Invincibles season.
The Spaniard’s achievement of becoming the fastest Arsenal manager to reach 100 Premier League wins, accomplishing the feat in just 169 games, evidently confirms the board’s confidence that Arteta is the man to deliver success.
Arteta, a former Arsenal midfielder who captained the side during his playing days, has overseen the club’s resurgence and turned them into title contenders once again.
Transfer round-up: Issues surrounding Arsenal’s new signing, Riccardo Calafiori
Previously, TheRadar reported that Premier League side Arsenal FC were not the only club in the race for the versatile defender, other European giants like Juventus, Real Madrid and the Premier League side, Chelsea were also in contact with the player’s representative.
The 22-year-old was, however, more convinced with Mikel Arteta’s project.
