Mikel Arteta extends Arsenal contract to 2030 with 20 million pound annual salary

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In brief

How it came to this

2016Arteta retires as an active player after five seasons at Arsenal.
December 2019Arteta is appointed head coach of Arsenal following three years at Manchester City.
July 2023Arsenal completes the signing of Declan Rice from West Ham for 105 million pounds.
7 OctArsenal officially announces Arteta's contract extension running through June 2030.

New long-term terms in London

Arsenal announced on 7 October 2026 that manager Mikel Arteta signed a contract extension keeping him at the club until June 2030. The 44-year-old manager was previously under contract until the end of the current campaign. With this agreement, Arteta stands to exceed a decade at the helm of the London club after arriving in December 2019. The new agreement raises his annual fixed salary to 20 million pounds, or 26 million euros. Arteta thanked co-chairmen Stan Kroenke and Josh Kroenke for their continued trust as the club enters its 140th anniversary period.

Arteta described his commitment to the club in an official statement.

“We have already built a special bond and created memories that will last a lifetime, and the really exciting thing is that this is just the beginning of what we can achieve together.”

Mikel Arteta, arsenal manager signed to a contract extension through June 2030

Silverware and club records

Arteta took charge of Arsenal in December 2019 following three years as an assistant coach to Pep Guardiola at Manchester City. Across 361 official matches in charge, he holds a 62.05% win rate, the highest mark among permanent managers in Arsenal history. The extension follows a campaign in which Arsenal secured their first Premier League title in 22 years, ending a run of three consecutive second-place finishes behind Manchester City and Liverpool. The club also reached the Champions League final, where they lost to Paris Saint-Germain in a penalty shootout. Following Pep Guardiola's departure from Manchester City in the summer, Arteta is now the longest-serving manager in the Premier League. Arsenal currently sits second in the league table, trailing leaders Manchester City by three points.

Global managerial salary rankings

The contract terms position Arteta as the highest-paid manager in world football. His annual earnings climb from approximately 15 million pounds (17.3 million euros) to 26 million euros, surpassing Simone Inzaghi of Al-Hilal at 25.7 million euros and Diego Simeone of Atletico Madrid at 23.2 million euros. Real Madrid presidential candidate Enrique Riquelme had previously explored hiring Arteta as an alternative to Jose Mourinho, who Florentino Perez ultimately reappointed. Chelsea manager Xabi Alonso ranks fifth globally with 13.2 million euros, while Paris Saint-Germain manager Luis Enrique and Mourinho each earn 11.9 million euros. If Arteta had departed, Arsenal had identified former midfielder Cesc Fabregas on their list of managerial candidates.

Highest-paid football managers globally by annual salary€M

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Contract renewal talks for Rice

Arsenal is also moving to secure key squad members on extended terms following the manager's commitment. Midfielder Declan Rice is close to agreeing a new long-term deal after joining the club from West Ham for 105 million pounds in July 2023. The 27-year-old England international has made more than 150 starts for Arsenal and has a contract expiring at the end of next season. Contract negotiations with Rice began in March and have now entered an advanced stage. The anticipated agreement would raise Rice's earnings from 240,000 pounds per week to roughly 350,000 pounds per week, placing him level with forward Bukayo Saka as the highest earner in the squad.