Mikel Arteta Extends Arsenal Contract to 2030

Mikel Arteta has signed a new contract to remain the manager of Arsenal until 2030. This extension comes after reports of an improved deal earlier in October.

Arteta's previous contract was set to expire at the end of the season. The new terms enhance his salary from £10 million per year to include additional bonuses, with comparisons made to the earnings of Atletico Madrid manager Diego Simeone and former Manchester City boss Pep Guardiola, both reportedly earning over £20 million annually.

Arteta expressed his excitement about continuing his journey with Arsenal, highlighting the unique bond he has formed with the club and its supporters. Since his appointment in December 2019, he has led Arsenal to win the Premier League and the FA Cup, although his team lost the Champions League final to Paris St-Germain in May.

Arsenal co-chairmen Stan and Josh Kroenke praised Arteta's understanding of the club's values and his commitment to further achievements.