Arsenal to offer Wenger huge pay rise in new contract

Arsenal will look to extend the reign of manager Arsene Wenger by offering to raise the long-serving boss’ salary to £8m per season, the Daily Mail has reported.

The new contract being discussed would see Wenger stay at the London club until his 20th year, having recently marked his 17th anniversary in charge of the Gunners. And the sum said to be on offer represents an increase of £500,000 per year, with the club’s budget already containing room for the extra expenditure.

It is claimed by the Mail that with Arsenal currently enjoying a run of spectacular form – unbeaten in 10 games and top of the early Premier League table – the Arsenal hierarchy, including chief executive Ivan Gazidis, wish to strike while the iron is hot and tie down Wenger for the long-term. His current deal expires at the end of this season and while talks began over an extension in the summer, it has not yet been signed.

The upcoming international period could represent the best chance to get the contract agreed, the newspaper suggests, as Arsenal wish to hold final talks on the terms of the deal, although they are sure the 63-year-old wants to preside over the current Arsenal team and, in particular, record signing Mesut Ozil.

Paris Saint-Germain have however been moving the pieces into place for an approach to Wenger next year, should his contract be allowed to run down. As part of the attempt to seal Wenger’s future at the Emirates Stadium, the club will allow the signing of a new striker in January, with Wenger wishing to ease the burden on Olivier Giroud, the only senior, fit centre-forward he has available.

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