Mikel Arteta, Arsenal Reportedly Agree on New Contract, Latest Details on Extension

Arsenal and manager Mikel Arteta reportedly agreed to a new contract on Tuesday.

According to BBC's Sami Mokbel , the new deal includes a "sharp pay increase" from Arteta's current salary of £10 million per year plus £5 million in bonuses, and it is believed that the extension will keep him under contract until at least the 2029-30 season.

The 44-year-old Arteta's previous contract reportedly had been set to expire at the conclusion of the 2026-27 English Premier League campaign.

After playing in 110 matches for the Gunners from 2011 to 2016, Arteta spent time as an assistant coach at Manchester City, and he was then named Arsenal's manager in 2019.

Despite his lack of experience as a head man when he took the position, Arteta has enjoyed a great deal of success, especially as of late.

Arteta led Arsenal to the Premier League title last season, marking the club's first championship since 2004. On top of that, Arsenal were the 2025-26 UEFA Champions League runner-up.

Last season marked only the second time Arsenal ever reached the Champions League final, and although they fell to Paris Saint-Germain on penalty kicks, making it that far was another feather in Arteta's cap.

Finally winning the Champions League is a very plausible goal for Arsenal this season, as is winning back-to-back Premier League titles for the first time since winning three straight titles from 1933 to 1935 when it was known as the Football League First Division.

Arteta already has the Gunners off to a strong start in league play with four wins and one loss over their first five matches, placing them second in the table, three points behind undefeated Manchester City.