Arteta Poised to Become One of Football's Highest-Paid Managers

Following his triumph in leading Arsenal to their first Premier League title in 22 years, Mikel Arteta is reportedly on the verge of signing a new contract that would elevate him to one of the highest-paid managers in world football, according to English press reports. The Gunners' championship victory was sealed this Tuesday after Manchester City failed to beat Bournemouth (1-1).

With his current contract set to expire in the summer of 2027, negotiations for an extension are already at an advanced stage and are expected to include a substantial salary increase for the Spaniard. Currently, Arteta earns approximately 11.5 million euros annually, supplemented by a 5 million euro bonus for UEFA Champions League qualification.

The new deal could see his earnings approach those of Diego Simeone at Atlético Madrid, who is considered the world's highest-paid coach with an annual salary of nearly 29 million euros.

With Pep Guardiola's anticipated departure from Manchester City at the end of the season – a manager who earns around 23 million euros annually – Arteta is set to become the longest-serving manager in the Premier League. Discussions for the new contract are expected to resume after the Champions League final next weekend.