Arteta signs new Arsenal contract as he becomes highest-paid Premier League boss

Mikel Arteta has signed a new mega contract which will make him the highest-paid boss in the Premier League. Gunners boss Arteta has put pen to paper on new terms which will take him up to 2030 and is reward for him leading the club to their first title in 22 years.

Arteta, who joined the club in 2019, will be the highest-paid boss after Pep Guardiola's departure from Manchester City last summer. The value of the deal is a tightly guarded secret and will be bonus related but success could push him towards the £20million-a-year mark. But he is comfortably the best paid-boss in the Premier League.

It also means he will pass a decade in charge at the club and makes him comfortably the longest serving boss in the top flight. Nottingham Forest manager Oliver Glasner earns around £14m after add-ons.

Arteta said: "It's a privilege to commit my future to the club and to continue to work with exceptional people who want the best for Arsenal. This club is unique, its character and the way it makes you feel, and I have a great sense of privilege that our journey together will continue.

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"We have already built a special bond and created memories that will last a lifetime, and what is so exciting is that this is only the beginning of what we can achieve together. I'm extremely grateful to Stan and Josh (Kroenke) for their trust and support, and feel honoured to be leading this club through such a special period in its 140-year history.

"This is such a proud moment for me and my family. I feel the love and respect from our fantastic supporters, and they have mine – and ours - in return."

Arsenal co-chairs Stan and Josh Kroenke said: "It has been an incredible journey so far and we are excited for what lies ahead in this special relationship. Last season was an incredible moment in Arsenal's history, a moment in which we created memories that will last a lifetime. We're determined to create many more in the years ahead.

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"We share a special bond with Mikel. We are so proud of everything we have achieved since he returned to the club in 2019. He has a deep understanding of Arsenal’s values and carries them in his heart. He knows what this club means to everyone connected to it and is committed to building on everything we have achieved together."

CEO Richard Garlick said: "This is an important time in Arsenal Football Club's history. We want to create a winning era together with Mikel. We will continue to work hard together as we aim to fulfil our long-term ambitions for the club and our supporters.

"Mikel has the belief, determination and the understanding of what it takes to build something remarkable and enduring here, and we are excited to continue that journey together."