Arsenal manager Mikel Arteta has signed a new contract extension, committing his future to the club until 2027. The 42-year-old Spaniard, who has been at the helm since December 2019, has agreed to the new deal just days before Arsenal’s crucial North London derby against Tottenham Hotspur.Since taking charge, Arteta has transformed Arsenal’s fortunes, leading the team to two consecutive second-place finishes in the Premier League and an FA Cup victory in 2020. Under his leadership, the Gunners have become genuine title contenders, pushing Manchester City to the wire last season and missing out on the championship by just two points.Arteta expressed his enthusiasm about the new contract, stating, ‘I feel extremely proud, very excited and am looking forward to what is coming next. I’m proud to be where I am and have the relationships that I have with everyone at the club’. The extension is seen as a significant boost for Arsenal as they aim to end their long Premier League title drought.The new deal could potentially increase Arteta’s salary from £9 million to £20 million per year, reflecting the club’s faith in his abilities. Arsenal’s Sporting Director Edu praised Arteta’s qualities, saying, ‘Mikel has shown his qualities since the very first day he joined us, not only as a football manager but as a person with wonderful values’.Arsenal currently sits fourth in the Premier League table after three fixtures this season, having earned seven points. The team will face additional challenges in the coming weeks, including their Champions League campaign opener against Atalanta in Italy. Despite some key player absences due to injuries and suspension, including Martin Odegaard, Mikel Merino, and Declan Rice, Arsenal has started the season well.This contract extension puts an end to speculation about Arteta potentially succeeding Pep Guardiola at Manchester City. It also provides stability for Arsenal as they continue to build on their recent successes and challenge for major honors in both domestic and European competitions.
Key points
- Mikel Arteta has signed a new contract with Arsenal, extending his tenure until 2027.
- Under Arteta’s leadership, Arsenal has achieved two consecutive second-place finishes in the Premier League.
- The new deal could potentially increase Arteta’s salary from £9 million to £20 million per year.
- Arsenal currently sits fourth in the Premier League table after three fixtures this season.
