Arteta in Talks for Lucrative Arsenal Contract Extension

Arteta in Talks for Lucrative Arsenal Contract Extension

Arsenal manager Mikel Arteta is heading into formal contract talks on course to become one of the best paid bosses in the Premier League.

The Spaniard is inside the final 12 months of his existing deal but there is confidence from all sides that an agreement for Arteta to stay will be reached.

Not only will Arteta’s pending new terms be the most lucrative Arsenal has ever offered any manager, the 42-year-old will also be propelled towards the top of the country’s best paid coaches.

Pep Guardiola earns a staggering £20million a season at Manchester City and Arsenal are ready to put Arteta’s salary closer towards that figure.

Either way Arteta will see his earnings sky rocket from his current £9million a season wage.

Arsenal manager Mikel Arteta is heading into formal contract talks with the club

Arteta's current deal at the Gunners runs until the end of next season but the club are confident of extending his stay

Arteta’s current deal at the Gunners runs until the end of next season but the club are confident of extending his stay

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The former City assistant coach finds himself in a strong position to negotiate a big contract given his status as one Europe’s best young managers.

Indeed, the project he has led at Arsenal is widely viewed as one of the most exciting on the continent with the club’s operations geared towards him remaining at the helm in the long-term.

Arsenal are ready to put Arteta¿s salary closer towards Pep Guardiola's £20m-per-year deal that makes the Man City boss the highest-paid in the country

Arsenal are ready to put Arteta’s salary closer towards Pep Guardiola’s £20m-per-year deal that makes the Man City boss the highest-paid in the country

In addition to discussions over pay, all parties will also lay out their ambitions for the club moving forward as they aim to cement their place back among Europe’s elite sides.

Preliminary informal discussions over a new deal have taken place but are set to accelerate once Arteta and sporting director Edu return from their respective holidays.

Meanwhile, Arsenal are being kept updated on developments over Red Bull Leipzig forward Benjamin Sesko’s future, while Bruno Guimaraes and Douglas Luiz are among the club’s central midfield targets.

Any moves for Guimaraes or Luiz could depend on Thomas Partey leaving the club.

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