According to rumours, if MIKEL ARTETA is fired by Arsenal, he will be paid £5 million.
The Spaniard has relieved some of the pressure he was under earlier this season, and it has now been revealed that sacking him now would result in a significant pay-out for the Gunners.
According to Goal, Arteta, 39, makes £5 million a year at the Emirates.
He replaced Unai Emery in December 2019 and signed a three-and-a-half-year contract.
If he stays in his employment for the full contract duration, he will earn roughly £7 million, having already made nearly £10 million.
Manchester United would have to pay £7.5 million to terminate Ole Gunnar Solskjaer, according to SunSport, which represents a year’s salary for the Norwegian.
Unless specific contract stipulations stipulate otherwise, it is normal for a gaffer to be paid for 12 months after being relieved of their duties.
And if Arteta is fired, he will be compensated with £5 million.
There is no indication that the former Arsenal and Everton player will be fired.
After an abysmal start to the season, he has managed to halt the bleeding and turn the team’s fortunes around.
They have ascended to tenth place in the Premier League rankings after going six games without losing and winning four of them.
In the Carabao Cup, the North Londoners have also defeated AFC Wimbledon and Leeds to reach the final eight.
SunSport published a list of the top 10 biggest managerial pay-outs ever on Thursday, with Arteta’s probable severance money not even making the top 10.
And one London club appears on the list FIVE TIMES, indicating how expensive it is for their millionaire Russian oligarch.