Arsenal are preparing to reward Mikel Arteta with a lucrative new contract that would make him one of the highest-paid managers in world football, according to reports.
Arteta guided the Gunners to their first Premier League title in 22 years after Manchester City failed to beat Bournemouth on Tuesday night.
The Spaniard’s current deal expires next summer, but negotiations over an extension are said to be at an advanced stage, with the proposed agreement expected to include a major salary increase.
Diego Simeone remains the highest-paid manager in football, earning about £26 million annually at Atlético Madrid, while Arteta’s new salary is expected to approach that figure.
Arteta currently earns around £10 million per year, with additional bonuses tied to Champions League qualification.
Pep Guardiola reportedly earns about £20 million annually at Manchester City, and Arteta is expected to become the Premier League’s longest-serving manager once Guardiola leaves the club this summer.
