Mikel Arteta Signs New Contract With Arsenal
The Spaniard has agreed to an improved deal with the Premier League champions, extending his tenure at the club.
Mikel Arteta has reached a final agreement on an improved contract with Arsenal, the Premier League champions. The new deal is set to extend his stay with the club where he has managed since December 2019.
While the specific length of the new contract has not been confirmed, it is understood to keep him at Arsenal for at least a decade. Reports indicate a significant pay increase from his current salary of approximately £10 million per year, along with additional bonuses.
Arteta's current contract was set to expire at the end of the current season. Negotiations for an extension have been ongoing for several months. Earlier this month, BBC Sport reported that an agreement between all parties was nearing completion.
Last week, Arteta expressed his commitment to the club, stating, "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."