The new deal reportedly makes him the highest paid manager in the Premier League, replacing a previous contract that ran through 2027.
Mikel Arteta has signed a new contract with Arsenal that runs until 2030. His previous deal had been due to expire in the summer of 2027, and before that was reported to be set to expire at the end of this season, so the new terms mark a significant extension of his stay at the club.
The agreement reportedly puts Arteta on track to become the highest paid manager in the Premier League. His current salary had been £10m per year, and the new contract includes an increase on that figure plus an additional £5m in bonuses. In explaining his benchmark, Arteta had pointed to figures paid to Atletico Madrid's Diego Simeone and former Manchester City boss Pep Guardiola, both reportedly earning over £20m per year.
Arteta arrived at Arsenal in December 2019, and the new deal could stretch his tenure close to a decade. It also puts him on track to become the third-longest serving manager in the club's history, following Arsenal's first league title in 22 years. Arteta called the club "unique" and said this is "only the beginning" of its success.