Saka’s new contract is expected to see him quadruple his current earnings. The 21-year-old last signed an extension in 2020, with his current deal expiring at the end of the 2023-24 season.
Saka is “committed” to reaching an agreement with the club. A new deal could even be confirmed before the end of the current campaign, after talks which began before the turn of the year.
Saka isn’t the only Arsenal star being tipped to commit his long-term future to the club. Aaron Ramsdale will receive a “significant increase” on his current salary, while the Gunners remain hopeful of agreeing new terms with centre-back William Saliba.
Saka has played a big role in Arsenal’s title push, which comes off the back of a fifth-place finish last season. His form has earned plaudits from manager Mikel Arteta, who spoke in April about what has changed for the forward.
“First of all his mentality, there has been a shift there,” Arteta said. “How much he wants it, what he does every single day and then obviously the maturity, the knowledge of what to do in every situation, his decision-making is getting better and better.
“He is deciding football matches more often and he has good team-mates at Arsenal and England and that is an important thing to have when you play in attacking positions.
“I don’t know [if there is anyone in better form],” he said at the time. “We try to assess the players we have. He is in exceptional form, he is full of confidence and physically in the right condition and he is providing to the team exactly what he needs. So he needs to continue to do that.”
Saka’s most recent Arsenal goal came against Southampton on April 21, when he helped the Gunners mount a late comeback to rescue a 3-3 draw. The following game brought defeat against title rivals Manchester City, though, leaving them playing catch-up.
Arsenal sit a point behind City, who have played one game fewer. Saka and his team-mates host Brighton next time out, before rounding off the season with games against Nottingham Forest and Wolves.