Arsenal news outlet ArsenalRadar reports that Arsenal is preparing a "mega-deal" for head coach Mikel Arteta imminently, with negotiations between the club and Arteta progressing smoothly.

According to reports, all parties view the new contract as a formality. Arteta's current annual salary is around £10 million, with additional Champions League qualification bonuses of £5 million. Following Arsenal's first Premier League title in 22 years last season, the head coach is expected to receive a significant salary increase in the new agreement. Arteta's new era at the club continues to flourish.

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