Mikel Arteta, previously a player, then the first-team coach and now the manager, will see his efforts rewarded with a pay increase and a contract extension; Arsenal owners will look to secure him long-term once the season concludes.
The Gunners have seen enough from their man at the helm and are happy to see his progress continue with the club, as he and his staff members try to build a title-challenging side for the short and long-term future.
As per the Daily Mail: Arteta’s current deal with the London club expires next year 2023 and the hierarchy wants to extend his stay by another three years, offering him upwards of £25m; they go on in saying that he is expected to see a salary adjustment from £5m-per-year to £8.3m-per-year.
"Arsenal will reportedly offer boss Mikel Arteta a new three-year deal this summer in a bid to secure his long-term future at the Emirates Stadium.The Spaniard’s contract in north London runs out in the summer of 2023 but he is believed to have the confidence of owner Stan Kroenke.Now The Sun claim the Gunners are preparing to hand the 39-year-old – who is currently the youngest Premier League manager – a £25million deal once the current campaign comes to an end.The report claims that contract will involve a yearly salary of £8.3m – an increase of £3.3m from his current £5m salary – which is the same figure legendary boss Arsene Wenger was earning before he left the club in 2018. (Via: dailymail.co.uk)"
Arsenal are still well in the fight for a top-four finish
Thankfully this season has gone done a bit better than the previous one under Arteta. In the 23 Premier League matches played, they’ve managed more wins than loses with them heading into the Wolves clash: 13 Wins; 3 Draws; 7 Losses.
Having beaten Brentford over the weekend past in Premier League Matchday 26 action, they’ve now caught up with West Ham United and are within touching distance of fourth place, which is occupied by rivals Manchester United.
Counting heavily in Arteta and Arsenal’s favour: they have three games in hand, with one coming on Thursday evening against Wolverhampton Wanderers and the other two against Chelsea and Tottenham — dates still to be confirmed.
The biggest downfall of this season was the Gunners getting knocked out of both domestic cups. It is always tough going up against Liverpool, who they fell victim to in the semi-finals of the Carabao Cup. But the biggest shocker came in their FA Cup exit to Championship side, Nottingham Forest, as early as the third round.
Hopefully, the motivation of a new contract and salary increase gives Mikel Arteta the needed boost to get his team in the final Champions League spot available to those fighting for European football and Arsenal are back in the big leagues next season.