Arsenal manager Mikel Arteta has agreed to sign a new lucrative long-term contract at the Emirates Stadium after guiding the Gunners to the Premier League title last season
Arsenal manager Mikel Arteta
Arsenal manager Mikel Arteta has reportedly signed a new contract with the club(Image: Gareth Fuller/PA Wire)
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Mikel Arteta has reached an agreement to sign a new contract at Arsenal, according to reports.
The Spaniard's current deal is set to expire at the end of this season.
But Arsenal and Arteta have been locked in talks over a new contract for a number of months. It was reported earlier this month that an agreement between the two parties was close.
Now, according to BBC Sport, Arteta has come to a final agreement to extend his contract at the Emirates Stadium. Although the length of his new deal is unknown, it's set to take him into at least his 10th full season after replacing Unai Emery as Arsenal's permanent manager in December 2019.
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As well as that, contract is expected to include a sharp increase from the current £10million per-season plus £5m in bonuses he is earning right now.
Speaking about his contract talks, Arteta said last week: "They [the fans] don't have to worry about any of that because I want to be here. I'm extremely happy and I feel very grateful to work with the people I work with."
Meanwhile, Arsenal co-chairman Josh Kroenke made it clear at the start of June that the club would do everything they could to ensure Arteta remained in north London.
Mikel Arteta
Mikel Arteta is expected to sign a new Arsenal contract
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Shortly after the Gunners won the Premier League, the American said: "Keeping Mikel around is [an] utmost priority. I think the good news for Arsenal fans worldwide is he's enjoying the project. He's enjoying being here and from his time as a player all the way up until now, he's an Arsenal man through and through."
Kroenke added: "If there is a singular person you can trace this all back to, I'm going to give 100 per cent credit to Mikel, his staff and the players. Those are the ones. As much as Mikel is putting together our tactics, the players have got to go play the games, they've got to go and win for you."
Last season, Arteta helped Arsenal end their 22-year wait for a Premier League title as they were crowned champions with one game to spare. As well as that, the Gunners lost on penalties to Paris Saint-Germain in the Champions League final and came close to winning the Carabao Cup before losing to Manchester City in the final.
Arsenal have started this campaign well, though they did suffer their first defeat by being thrashed 3-0 at Brighton on Saturday. It's a result that leaves them second in the top flight going into the first international break.