Arteta here to stay! Arsenal boss becomes highest-paid manager in EPL

The Spaniard’s new deal, announced on Wednesday, runs until the end of the 2029-30 season.

It represents a significant upgrade on his previous terms and rewards the 44-year-old for leading Arsenal to their first Premier League title in 22 years last season.

Arteta’s new package is reportedly in the region of £15 million a year in basic salary, with performance bonuses that could take the total closer to £20 million.

That figure places him clear of every other Premier League manager following Pep Guardiola’s departure from Manchester City.

Arteta, who took charge in December 2019, has transformed the Gunners from mid-table underachievers into genuine title contenders and champions.

His win percentage of over 62 per cent is the best of any full-time Arsenal manager in the club’s history.

Speaking after the announcement, Arteta said: “It’s a privilege to commit my future to the club and to continue to work with exceptional people who want the best for Arsenal.

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