Mikel Arteta to be offered huge pay rise from £9m-per-year contract as he enters formal talks with less than 12 months left on current Arsenal deal
- The Arsenal manager is set to begin formal contract talks over a new deal
- Mikel Arteta’s existing £9million-a-year contract runs until the end of next season
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Arsenal manager Mikel Arteta is heading into formal contract talks to become one of the highest-paid bosses in the Premier League.
The Spaniard is in the final 12 months of his current contract, but there is confidence from all sides that an agreement will be reached for Arteta to stay.
Not only will Arteta’s upcoming new terms be the most lucrative Arsenal have ever offered to a manager, the 42-year-old will also be propelled into the top ranks of the country’s highest-paid coaches.
Pep Guardiola earns as much as £20million a season at Manchester City and Arsenal are willing to take Arteta’s salary closer to that figure.
Either way, Arteta will see his earnings increase from his current seasonal wages of £9m.
Arsenal manager Mikel Arteta is heading into formal contract talks with the club
Arteta’s current contract with the Gunners runs until the end of next season, but the club are confident he will extend his stay
The former City assistant coach is in a strong position to negotiate a big contract given his status as one of Europe’s best young managers.
The project he has led at Arsenal is widely seen as one of the most exciting on the continent, with the club’s activities focused on staying at the helm for the long term.
Arsenal are willing to bring Arteta’s salary closer to Pep Guardiola’s £20million-a-year deal, making the Man City boss the best-paid in the country
In addition to the pay discussions, all parties will also outline their ambitions for the future of the club as they look to re-establish their place among Europe’s elite.
Preliminary informal talks over a new deal have taken place but will gain momentum once Arteta and sporting director Edu return from their respective holidays.
Meanwhile, Arsenal are being kept informed of developments surrounding the future of Red Bull Leipzig striker Benjamin Sesko, with Bruno Guimaraes and Douglas Luiz among the club’s central midfield targets.
Any moves for Guimaraes or Luiz could depend on Thomas Partey’s departure from the club.