Mikel Arteta’s transformation at Arsenal is now set to earn him one of the biggest contracts in world football.
The Spaniard guided Arsenal to their first Premier League title in 22 years after Manchester City dropped points against Bournemouth earlier this week.
The achievement completed Arteta’s remarkable rebuild at the Emirates after several difficult seasons during the early stages of his project.
Now, Arsenal’s hierarchy want to reward the manager with a huge new deal. Arteta’s current contract expires next summer, but negotiations over an extension are already at an advanced stage.
The Arsenal boss currently earns around £10 million per year, alongside bonuses connected to Champions League qualification.
However, reports suggest his next contract could move him close to the very top of football’s managerial salary rankings.
According to the Daily Mail, Arsenal are preparing a massive pay rise that could make Mikel Arteta one of the highest-paid managers in world football.
Atletico Madrid boss Diego Simeone currently tops that list with yearly earnings of around £26 million.
Manchester City manager Pep Guardiola reportedly earns around £20 million annually at the Etihad.
Arteta’s new agreement could reportedly place him close to Guardiola’s salary level after delivering Arsenal’s long-awaited league title.
The Spaniard will also soon become the Premier League’s longest-serving current manager once Guardiola officially leaves Manchester City this summer.
Talks between Arsenal and Arteta will continue after next weekend’s Champions League final. Meanwhile, Arsenal are already planning further improvements to the squad ahead of next season.
Arsenal reportedly remain prepared to spend heavily again after finally ending their long wait for the Premier League trophy.
Now, after delivering one of the biggest achievements in Arsenal’s modern history, Arteta appears ready to receive a contract worthy of his growing status in world football.
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