According to the Evening Standard, Arsenal will offer Martin Odegaard a new long-term contract with a pay increase that reflects his increased standing at the club
The Norway international put pen to paper on a three-plus-one deal when he joined from Real Madrid in the summer of 2022 and he’s since become a lynchpin of Mikel Arteta’s side and the Spaniard’s captain.
The Gunners have made a concerted effort to reduce a bloated wage bill in the last three years – sometimes paying players to leave the club – and now, thanks to Champions League qualification, feel well placed financially to suitably remunerate a new core of players.
In addition to the high-profile arrivals of Oleksandr Zinchenko and Gabriel Jesus, Gabriel Magalhaes and Gabriel Martinelli have recently agreed new deals and Aaron Ramsdale and Bukayo Saka are set to follow suit in the coming days and weeks. Negotiations remain ongoing with William Saliba.
That Arsenal want to tie down Odegaard is no surprise. This season he has scored 15 goals and made 8 assists in 43 appearances and has been nominated for both the FWA Footballer of the Year and PFA Fans’ Player of the Year awards. He has already picked up the gong for Footballer of the Year at the London Football Awards.
His value has also rocketed with Transfermarkt estimating he’s worth €80 million, more than double what the Gunners paid for him.