Arteta has already signed his Arsenal renewal, official announcement expected during this break

Arsenal doesn't play again until October 10, but the club already has one of the most anticipated pieces of news ready for its fans. According to sources consulted by ESPN, Mikel Arteta has signed the terms of a new long-term contract extension, and everything points to an official announcement coming during this FIFA international break.

The Spanish coach's current deal was set to expire at the end of the season, but there was never much mystery about how it would end. Arteta repeated time and again, in various press conferences, that his intention was to stay at the club he has managed since December 2019. Sources indicate that both the coach's camp and club management had been relaxed about the negotiation for months, knowing the agreement would eventually get done without any surprises.

Why now? The timing takes advantage of the extended international break, which leaves the Londoners without a match for several weeks. Arsenal, for its part, declined to comment when contacted by ESPN, which is typical in these kinds of processes until the signing becomes official.

What has come to light is the financial scale of the new contract: Arteta will receive a significant salary increase compared to his previous deal, with figures that, including bonuses, could reach 15 million pounds (roughly 20 million dollars).

A cycle that keeps adding milestones

The Spaniard's continuity is no coincidence, nor is it simply a gesture of confidence. In May, Arteta ended a historic drought for the club by winning the Premier League title after a 22 year wait. Last month he added another eye catching mark to his personal résumé, reaching his 150th league win in just 249 matches, a pace only bettered by names like Pep Guardiola, Jose Mourinho, Jurgen Klopp and Sir Alex Ferguson.

The coach himself had already made his position clear when asked about his future just a few days ago.

I'm extremely happy and I feel very grateful to work with the people I work with.Mikel Arteta

With this backing, Arsenal is locking down its coach at a moment when the results and the numbers speak for themselves. The formal announcement could come at any point before the team takes the field again in October, but the decision, by all indications, has already been made.