Mikel Arteta signs new contract with Arsenal until 2030

Arsenal manager Mikel Arteta has signed a new contract extension with the Premier League champions, committing to remain at the club until 2030.

The 44-year-old manager, whose previous deal was set to expire at the end of this season, has now secured his future with the Gunners. According to BBC Sport, the new agreement includes an increase from his current £10m annual salary, plus an additional £5m in bonuses. Arteta reportedly used the pay of managers like Diego Simeone and Pep Guardiola as benchmarks for his own worth during negotiations.

Arteta stated that the club is unique and expressed a "great sense of privilege" that the journey will continue. He noted that the bond formed during his tenure is special, adding that "this is only the beginning of what we can achieve together." ESPN confirmed the extension, noting his role in leading the club as the current Premier League champions.

Since arriving in December 2019, Arteta has won the Premier League and the FA Cup. While Arsenal lost the Champions League final to Paris St-Germain in May, BBC Sport reported that coming within a penalty kick of the trophy served as a significant motivation. Co-chairmen Stan and Josh Kroenke said they are proud of the achievements reached since 2019, stating Arteta has a deep understanding of the club's values.

The new deal means Arteta's time in charge could reach a decade. While his expiring contract added emphasis to the speed of the discussions, the manager had been transparent about his desire to stay. The club's first Premier League title in 20 years, won last season, is viewed as a starting point for the dynasty Arteta aims to build.

Background

Mikel Arteta returned to Arsenal as manager in December 2019. BBC Sport previously reported earlier this month that an agreement had been reached regarding an improved contract for the Spaniard.