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Mikel Arteta Signs Arsenal Extension Through 2030
Confirmed
In Short: Arsenal manager Mikel Arteta has signed a new contract extension, tying him to the club until 2030 and making him the highest-paid Premier League manager.
Arsenal manager Mikel Arteta has signed a new contract extension, tying him to the club until the end of the 2029-30 season, according to CBS Sports. The deal solidifies Arteta's position as one of the sport's highest-paid managers.
Arteta's new contract is a significant milestone for Arsenal, as he led the team to their first Premier League title in 22 years last season. The Spaniard's win percentage of 62.05 is the highest of any permanent manager in Arsenal's history.
The extension also includes his coaching staff, who have agreed to similar terms. Arteta's current deal, signed at the beginning of last season, was set to expire in the summer of 2027.
Arsenal's board expressed their pride in Arteta's achievements and their commitment to building on the club's success. 'We share a special bond with Mikel,' said the club. 'He has a deep understanding of Arsenal's values and carries them in his heart.'
Arteta's current salary is estimated at around £10 million ($13.4 million), with an additional £6.7 million bonus for securing Champions League qualification. The new deal is expected to significantly increase his compensation, potentially reaching £15 million ($20M) with bonuses.
The new contract places Arteta among the highest-paid managers in world football, surpassing previous top earners like Diego Simeone of Atlético Madrid, whose earnings have been questioned due to inconsistent title challenges.
Arteta's focus on the club's long-term ambitions was evident during the intense title race, where he deferred contract talks to maintain focus on the team's performance. 'The full focus is on what we have to do from here until the end of the season,' he stated.
Arsenal's next match is not until October 10, due to the international break, allowing the club to finalize and announce the new contract before then.
Arteta's achievements include guiding Arsenal to their first Premier League title in 22 years and registering his 150th league win from 249 games, a feat achieved faster than many other top managers.
What this adds
The exact terms of Arteta's new deal have not been confirmed, but it is understood to be among the most lucrative in the sport.
What's confirmed
- Arsenal manager Mikel Arteta has signed a new contract extension, tying him to the club until the end of the 2029-30 season, according to CBS Sports. The deal solidifies Arteta's position as one of the sport's highest-paid managers.
- Arteta's new contract is a significant milestone for Arsenal, as he led the team to their first Premier League title in 22 years last season. The Spaniard's win percentage of 62.05 is the highest of any permanent manager in Arsenal's history.
- The extension also includes his coaching staff, who have agreed to similar terms. Arteta's current deal, signed at the beginning of last season, was set to expire in the summer of 2027.
- Arteta's current salary is estimated at around £10 million ($13.4 million), with an additional £6.7 million bonus for securing Champions League qualification. The new deal is expected to significantly increase his compensation, potentially reaching £15 million ($20M) with bonuses.
- The new contract places Arteta among the highest-paid managers in world football, surpassing previous top earners like Diego Simeone of Atlético Madrid, whose earnings have been questioned due to inconsistent title challenges.
- Arteta's focus on the club's long-term ambitions was evident during the intense title race, where he deferred contract talks to maintain focus on the team's performance. 'The full focus is on what we have to do from here until the end of the season,' he stated.
- Arsenal's next match is not until October 10, due to the international break, allowing the club to finalize and announce the new contract before then.
- Arteta's achievements include guiding Arsenal to their first Premier League title in 22 years and registering his 150th league win from 249 games, a feat achieved faster than many other top managers.
What's still developing
- Should Arteta see out the length of his contract, he will be the third longest-serving manager in Arsenal's history, trailing only Arsene Wenger and George Allison, and the fourth among all top-flight clubs since the foundation of the Premier League in 1992.
- There, he would trail only David Moyes, who served 11 years at Everton in his first spell, Sir Alex Ferguson and Wenger, who was at Arsenal for 20 years and eight months.
- Inheriting a side that had consistently fallen short of qualifying for the Champions League, the 44-year-old has built a serial contender for the biggest prizes, a side that reached the final of Europe's leading club tournament only to be beaten on penalties by Paris Saint-Germain.
- A further 22 wins will make him the second-most successful coach in terms of games won, again trailing Wenger.
- "This is an important time in Arsenal Football Club's history. We want to create a winning era together with Mikel. We will continue to work hard together as we aim to fulfil our long-term ambitions for the club and our supporters. Mikel has the belief, determination, and the understanding of what it takes to build something remarkable and enduring here, and we are excited to continue that journey together."
- "We don’t have time to discuss that now," he told the media.
- Luke Bornn, a former co-owner of AC Milan, once noted, "The vast majority of papers out there say coaches don’t matter. I’m oversimplifying, but that’s basically it."
- "I’m really happy, and I feel good. My family’s good. I still have so much ambition and things to do at this club. For now, we are in a good place."
- The Gunners declined to comment when contacted by ESPN but Arteta is set for a significant pay rise on his current salary which sources say can reach £15 million ($20M) with bonuses.
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- Arteta ended Arsenal's 22-year wait for a Premier League title in May and last month, he registered his 150th league win from 249 games -- only Pep Guardiola, Jose Mourinho, Jürgen Klopp and Sir Alex Ferguson have achieved the milestone quicker.