Arsenal close to finalising new contract for Arteta

Arsenal are close to finalising a new contract for manager Mikel Arteta, with discussions having moved forward recently amid full confidence from those involved in talks that the Spaniard will renew. Arteta has been in talks with the club over his protracted new contract, with sources indicating that full confidence from those involved in talks that he will renew. The manager has stated that his will is to be at the club and that everyone feels comfortable with the timing of the contract. Arsenal chief executive Richard Garlick has also stated that it was merely a matter of time before Arteta's new long-term deal was confirmed. Arteta can expect to become one of the best-paid managers in world football once his new contract is signed, with the club committed to significantly improving on his current deal, worth £10m a season plus an extra £5m upon Champions League qualification. The manager's current deal has just nine months left to run, and he has transformed the club from one that had lost its Champions League status to one that won the Premier League for the first time in 22 years last season. Arteta is the most influential figure at the club, and his fingerprints are all over the squad. He has been instrumental in the club's recent success, including their win in the Premier League and their fancied win in the Champions League this season. The club is now in the process of finalising an agreement with Arteta over his new contract, with the official announcement eagerly anticipated by fans. With the market closed until January, the club are now in the process of finalising an agreement with Arteta over his protracted new contract.