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Arsenal gave coach Mikel Arteta a boost by renewing his contract ahead of the 'North London Derby' against Tottenham, his archrival.

Arsenal announced a new three-year contract on Wednesday, saying that Arteta has dedicated his future to Arsenal. Arteta's contract with Arsenal expires at the end of this season. The new contract will extend his contract to June 2027.

His salary will also be drastically raised. The Sun reported that Arteta was paid 9 million pounds a year. With the new contract, he is now close to 20 million pounds a year for Manchester City manager Pep Guardiola. His salary will also likely be significantly raised.

Arteta took the helm of Arsenal on December 22, 2019, after assisting Pep Guardiola as the head coach at Manchester City. He won the FA Cup in his first season, but was on the verge of being replaced by finishing eighth in two consecutive seasons in the EPL.

In the 2021-2022 season, the team failed to make it to the Big Four due to Tottenham's loss. The team finished fifth in the EPL. It also ranked second after Manchester City for two consecutive seasons, the 2022-2023 season and the last season.

Arteta has continued to draw an upward curve in the EPL. While leading 235 matches for Arsenal, he has 139 wins, 39 draws and 57 losses with a 59.1 percent winning rate.


The timing of renewing the contract is also symbolic. The two-week A-match break has ended. The English Premier League will resume. Arsenal play the fourth round of the EPL 2024-2025 season against Son Heung-min at Tottenham Hotspur Stadium in London at 10 p.m. on Saturday. It is the first "North London Derby" this season.

Arsenal have two wins, one draw, and Tottenham have one win, one draw and one loss. However, Arsenal's power loss is huge. With Declan Rice absent due to suspension, Arsenal's "captain" Martin Odegaard is unavailable due to injury.

Arsenal seems to have announced the renewal of their contract ahead of the match against Tottenham to give Arteta a boost after a difficult journey. Rumors of a transfer have disappeared. Spanish coach Arteta has always been asked to go to Barcelona.

He denied the allegation, but controversy continued. The renewal of the contract is expected to address such concerns.

"I'm very proud, very excited, and I'm looking forward to what will happen in the future," Arteta said after the announcement. "I think I'm very lucky to work with good people every day, to work with the ambition that we have here. I want to do much more than we've ever done together in an environment of inspiration, challenge and support."