Arteta's current deal was set to expire at the end of the season, but the 44-year-old Spaniard has repeatedly stated his intention to remain at the club he joined in December 2019. Sources close to the situation have revealed that all parties have been relaxed about the contract talks for several months, with an agreement likely to be finalised during a pause in the domestic campaign. This pause is due to the newly-extended international break, which means Arsenal do not play again until October 10.
As a result, confirmation that Arteta has signed a new contract could come before then. The Gunners declined to comment when contacted by ESPN, but Arteta is set for a significant pay rise on his current salary, which can reach £15m ($20m) with bonuses. This new contract is a significant boost for Arteta, who has been instrumental in Arsenal's recent success, including ending the club's 22-year wait for a Premier League title in May. He has also achieved a milestone 150th league win from 249 games, quicker than only a handful of other managers in the Premier League.