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Mikel Arteta Arsenal contract expires at the end of the 2024.25 season but the Spaniard is yet to sign a new deal.
According to Charles Watts of GiveMeSport the extension is taking longer than expected because of financial details of the agreement.
The Spaniard new contract could see him become the highest-paid manager in the Premier League overtaking Pep Guardiola salary of £20 million-a-year.
Arteta attracted interest from Barcelona at some point last season so the Gunners want to everything they can to secure his stay at the Emirates Stadium in the long term.
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