**_LONDON_**: Mikel Arteta has reportedly agreed an improved new contract with Premier League champions Arsenal.
The Spaniard’s current deal expires at the end of this season but talks over a new contract had been ongoing for a number of months.
A new contract is set to take him into at least his 10th year at the club after his arrival in December 2019.
The new contract will also include a sharp pay increase from his current salary of £10m per year plus an additional £5m in bonuses.
Speaking about his contract talks, Arteta said last week that fans did not need to “worry” because he wanted to stay.
“I’m extremely happy and I feel very grateful to work with the people I work with,” he said.
Arteta had been transparent about his desire to stay at the club beyond the end of this campaign.
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