BUKAYO SAKA will receive a significant pay rise despite Arsenal seeking wage cuts among their squad, as the club prepare a bumper new deal for the winger.
Now a regular member of Mikel Arteta’s first-team squad, a contract extension has been in the works for some time.
The 18-year-old’s stay is set to expire in June 2021 with his current wage set at £5,000-a-week.
According to The Athletic, Saka will take home significantly more than that when he puts pen to paper on a renewal – which is expected sooner rather than later.
Rumours of interest from Manchester United have circulated around the teen star but Arsenal boss Mikel Arteta has always spoken confidently about sealing Saka’s future.
He said last month: “The club is doing what it has to do and is having conversations.
“We’ll get it resolved.”
An extension would come amid a pay cut being agreed across the Gunners squad due to the coronavirus pandemic.
Major uncertainty throughout the global economy, coupled with the sudden shutdown of all football, has pressed many teams into seeking savings from player wages.
Arsenal are reportedly pushing for players to take a 12.5 per cut pay cut across 12 months, potentially weighted on their success in qualifying for next year’s Champions League.
Negotiations have been protracted but are said to be on the verge of a solution after the decrease was initially voted down.
The club have also confirmed that 14 executives have agreed more than 33 per cent pay cuts for a year.
