ikel Arteta has signed a new contract with Arsenal and vowed to “take the club to the next level”.
The Spaniard has agreed deal until the end of the 2024-25 season.
Arteta was appointed in December 2019 and, after a difficult start to this season, has guided Arsenal into pole position to qualify for the Champions League next season.
“I’m excited, grateful and really, really happy today,” said Arteta.
“When I spoke to Josh [Kroenke] he could see the club at the same point and he wanted to take the club the way I wanted to do it.
“So everything that he’s said, and that Stan [Kroenke] has said when I’ve been together with both of them, they’ve always delivered.
“We want to take the club to the next level and to compete really with the top teams. In order to do that, we have to be playing in the Champions League.
“We have to be able to evolve the team, improve our players, improve all departments, generate even more connection with our fans, improve the atmosphere at the Emirates, be able to recruit top, top talent and the best people for this club to drive this project to that level.”
Arsenal Women manager Jonas Eidevall has also signed a new contract, which runs until 2024.
Like Arteta, Eidevall is a young coach under the age of 40 and Arsenal’s owners, Kroenke Sports & Entertainment, are excited about what the future holds with them.
KSE insist that Arteta is the right man to get Arsenal competing for top honours again, with their last Premier League title coming in 2004.
“My father and I are delighted to have extended both Mikel’s and Jonas’ contracts,” said Josh Kroenke.
“It provides stability and clarity for the future and helps us all move forward together effectively.
“Mikel’s commitment and passion are clear for everyone to see. We are confident that as we move forward, he will get us back to competing for the top trophies in the game.”
Arsenal sit fourth in the Premier League with four games to go and are two points ahead of Tottenham in fifth, who they face next week.
The Gunners face a crucial few weeks as they look to secure Champions League football for the first time since the 2016-17 season.
Qualifying for that will impact Arteta’s transfer budget this summer, but the club are keen to back him after spending nearly £150million last year.
Arsenal have a clear plan for the upcoming transfer window, which includes signing at least one striker, and technical director Edu believes it is key that Arteta has committed his future as talks with targets take place over the coming weeks and months.
“I think the timing is perfect,” Edu said. “I really believe the message will be a big lift to everyone. To the fans, to the club, to the players, to Mikel.
“It’s important to show everyone where we want to go as a club. We are going to face a big summer again and it’s important to have our manager here.”
Chief executive Vinai Venkatesham has also backed Arteta signing a new deal and reiterated Arsenal’s desire to get back to competing for the biggest honours.
“The ambition of this football club is simple, and it comes from the owners down,” he said. “This football club needs to be competing for the biggest trophies in the game, in Europe and in England on the men’s side and on the women’s side.
“That’s where we want to get to, we know we’re not there yet, but we’re moving towards that goal. I’m hoping everyone can see the progress that we’re starting to make against that goal.”