Arteta Set To Become Premier League’s Highest-Paid Manager

Arsenal are closing in on a new contract for Mikel Arteta that will elevate him into the very highest bracket of world football managers, with TEAMtalk understanding the Spaniard is set to become the Premier League’s highest-paid head coach.

Sources have told TEAMtalk that talks over Arteta’s new deal have progressed significantly in recent weeks and there is growing confidence on all sides that an agreement will be finalised before the start of the new season.

As TEAMtalk has previously revealed, the Arsenal hierarchy have long been determined to secure Arteta’s future and reward the remarkable progress made under his leadership.

Now those plans are moving towards completion with the club’s owners, the Kroenkes, fully supportive of the plans.

Arteta’s current contract has just 12 months remaining and is worth around £10million per season, but his new agreement is set to see that figure effectively doubled.

The proposed package would move him close to the level previously occupied by Pep Guardiola, whose Manchester City contract was worth around £20million per year. Also Read: EPL Title Win Can Inspire Us To Champions League Glory —Arteta

That equates to a package worth a staggering £384,000 a week.

Guardiola remains the Premier League’s highest earner until his departure from City officially takes effect on July 1.

After that, Arteta is expected to move to the top of the managerial pay scale in England, while also placing himself alongside the game’s elite coaches globally.

New Chelsea boss Xabi Alonso is also among the division’s top earners, with TEAMtalk understanding his salary is currently around Arteta’s existing terms.

The club view the deal as a deserved reward for the transformation Arteta has overseen since taking charge in December 2019 and, with sources explaining as to why they feel the 44-year-old – who now boasts a 60.03% win percentage record – is worth every penny.