Mikel Arteta Net Worth: Investments, Salary & Endorsements
Mikel Arteta is a Spanish professional football manager and former player who has a net worth of $25 million. After retiring in 2016, Arteta began his coaching career as an assistant coach at Manchester City. During his time at the club in 2019, he won two Premier League titles, two EFL Cups and the FA Cup. Arteta subsequently became head coach and manager of his former club Arsenal. He won his first match in these positions in a New Year’s Eve game against Manchester United. At the end of the year, Arteta took Arsenal to their fourth FA Cup final in seven years, beating Chelsea. In the process, Arteta became the first person to win the FA Cup as Arsenal captain and manager. The following season he led the club to the FA Community Shield title, his third overall and his first as manager.
Arsenal returned to the FA Cup in the 2020-21 season, but fell to Southampton in the fourth round. Arteta and the club had better success in the north London derby. Meanwhile, in the Europa League, Arteta took Arsenal to the semi-finals.
Contracts and salary
As a player, Mikel Arteta has always received high wages. When he left Everton he was earning around £80,000 a week before taking a pay cut in 2011 to move to Arsenal for £70,000 a week.
The Arsenal manager had a long playing career, but most of his money while playing came from Everton and Arsenal, as he was on much lower wages while playing for Barcelona and Real Sociedad. Not even close to the £80,000 a week figures.
As Pep Guardiola ‘s assistant , Mikel Arteta did not earn anywhere near the money he earned as a player or would later earn as Arsenal manager . However, that’s when Arteta’s shares started to rise.
As already mentioned, Mikel Arteta’s latest contract is worth £8.3m a year and there are talks over a new contract worth £10m a year. And Arteta started on £5 million a year as Arsenal manager in 2019. That’s a significant amount to add to the net worth of Mikel Arteta, a man who recently turned 40.
Bonus
Every Mikel Arteta contract, whether as a player or as a manager, has had a bonus component. For example, Mikel Arteta’s current £8.3 million per year contract will not be guaranteed at £8.3 million per year. A substantial portion will be conditional on winning the league, or winning the FA Cup or Champions League, or whether he stays for the duration of the contract.
While the exact bonus component in every contract the Arsenal manager has ever signed is unknown, be in no doubt that it is a substantial amount of money.
Endorsements
Mikel Arteta had sponsorship deals with Adidas and Puma, with the latter being his preferred brand, particularly towards the end of his playing career.
At the moment, Arteta does not appear to have any exclusive endorsement deals with a specific brand, be it a footwear company or something else entirely. Unfortunately, not even a hair product company, and this one seems disappointing.
Investments in real estate
Mikel Arteta, like any other rich person, has sought to protect his wealth by diversifying his income stream. He has invested in the real estate market, especially in his home country of Spain and also in the United Kingdom.
For example, Mikel Arteta joined Littlewoods Investment LLP in 2013. According to Companies House, Arteta is a person with significant control in the LLP. Littlewoods Investments LLP transformed a former industrial building in Liverpool into what has become a modern office block called the Bunker.
Car collection
Mikel Arteta is not a flashy guy and we still have no idea what a large car collection he has. However, he owns a Cadillac Escalade, a luxury SUV. The Spaniard often drives this V8-powered car to his training center in north London
This car has a price tag of $100,000. Cadillac Escalade is an American luxury SUV that comes with a massive 6.2-liter V8 engine that produces 403 hp.
