According to the Guardian, Manchester City will receive at least £1m in compensation if Arsenal decide to appoint former captain Mikel Arteta as their next manager.
The ball firmly seems to be in our hierarchy’s court as they continue to hold talks with the Spaniard over our managerial vacancy, as the Guardian add that City don’t wish to stand in Arteta’s way as he seeks his first job in management.
Reports appear to indicate that we are edging closer to sealing our former midfielder’s return to the Emirates Stadium.
The Daily Mail claimed that Arteta held talks with Arsenal chief Josh Kroenke last night, it’s reported that the meeting between the pair was set to act as the third and final step of the Spaniard’s interview process.
Some supporters may be surprised to see that the compensation figure is only expected to be in the £1m region, however the Telegraph add that Arteta has just 18 months left on his current contract – which is likely the reason for this relatively small figure (in football terms).
With Arteta’s fellow club legend, Freddie Ljungberg, failing to inspire a change in fortunes since taking caretaker charge of the side – it seems like a good idea for the club to appoint their next permanent manager very soon.
Arteta’s appointment could prove to be a shrewd one, the 37-year-old knows the ins and outs of our club which should allow him to settle in fairly quickly.
This is absolutely necessary considering that games will be coming thick and fast over the Christmas and new year period, we can’t afford to drop any more points before the end of 2019.