Arsenal Manager Mikel Arteta Set For Huge Pay Rise in New Contract Proposal

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Mikel Arteta is set to renew his terms with Arsenal following what has been an impressive three-year run in the dugout at the Emirates.

Daily Mail reports the Spaniard, who has 12 months left on his current deal with the Gunners, is set to enter into negotiations with the club for a new deal.

The report adds Arteta could headline the list of the highest-paid Premier League managers in his next contract renewal with the club.

Arsenal, who are intent on keeping the former Manchester City assistant manager, are reportedly ready to boost his pay in the impending new offer.

How much is Mikel Arteta earning now at Arsenal?

Arteta’s current contract with Arsenal is worth £9.5m-per-season, as per Capology.

Futballnews understands the 42-year-old ranks second on the chart of Premier League managers with the highest salaries in 2024.

An updated list of the top five highest-paid Premier League managers saw Manchester City boss Pep Guardiola leading the pack with a whooping £20m-per-season.

Arteta comes second with £9.5m; followed by Manchester United manager Erik ten Hag with £9m.

Aston Villa manager, Unai Emery, who recently renewed his contract with the Villains, has broken into the top four with an annual wage offer of £8m.

Newly signed Liverpool manager Arne Slot has completes the top five with an annual wage offer of £6m.

Mikel Arteta Arsenal statistics

Arsenal is Mikel Arteta’s first first-team management role and he has hewn out a wonderful project with great prospects with the club.

In his first three seasons with the club, Arteta has led Arsenal to challenge for the Premier League title twice. He has taken charge of 232 matches with the club, winning 137, drawing 38, and losing 57. His win rate currently stands at 59.05.

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