Mikel Arteta, also known as the man with the impeccable hairline, is the current manager of Arsenal and is by all estimate, one of the best managers in world football right now. There is no questioning his football heritage as he was the assistant of Pep Guardiola at Manchester City before this and even the great Arsene Wenger wanted him to continue in a coaching role at Arsenal when he retired as a player at the north London club.
The Arsenal manager has had an illustrious football career at the very top of the game but that’s not why you are here. So let’s talk about Mikel Arteta and how he has made his money over the years and what his net worth is right now in 2024.
Mikel Arteta does not come from wealth and all the money that he earned was made during his long playing career at Arsenal, Everton, Real Sociedad, Rangers, PSG and Barcelona and also his short managerial career at Arsenal. It’s probably safe to say that while the Spaniard gained a lot of experience in his coaching role at Manchester City, that was not what helped create Mikel Arteta net worth.
Mikel Arteta Net Worth
The chunk of Mikel Arteta’s money was made during his playing days and this is how he made it. We estimate he is worth around £45 million. So where does this figure come from? Let us try and break down Mikel Arteta’s net worth.
According to several reports, Mikel Arteta’s latest contract is worth £8.3m per year and is set to run until the end of the 2024-25 season. There are already talks of renewing his contract at £10m per year but that has not been done yet. From 2019-2022, Arteta earned £5m per year before the new (current) contract came into effect.
Even as a player Mikel Arteta was on high wages, so he has made good money throughout his career.
This is before the Spaniard’s brand deals kick in. He also has endorsement deals with Adidas and Puma and you better believe that the money from that has a huge boost in Mikel Arteta net worth.
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The Arsenal manager also has 1 million followers on Instagram and 1.6 million followers on X. A huge deal for when he decides to cash in with endorsement deals and sponsored posts.
Mikel Arteta Contracts and salary
As a player, Mikel Arteta was always on high salaries. When he left Everton, he was making around £80,000-a-week before taking a pay cut in 2011 to move to Arsenal at £70,000-a-week.
The Arsenal manager had a long playing career but the bulk of his money while playing came from Everton and Arsenal as he was on much lower wages while playing for Barcelona and Real Sociedad. Nowhere close to the figures of £80,000-a-week.
As an assistant to Pep Guardiola, Mikel Arteta was making nowhere close to the money he made as a player or he would subsequently make as the Arsenal manager. However, that is where Arteta’s stock began to rise.
As already mentioned, Mikel Arteta’s latest contract is worth £8.3m per year and there are talks about a new contract worth £10m per year. And Arteta started at £5m per year as the Arsenal manager in 2019. That’s a significant amount to boost Mikel Arteta net worth, a man who just recently turned 40.
Mikel Arteta Bonuses
Every one of Mikel Arteta’s contract, be it as a player or as a manager, had a bonus component to it. For example, Mikel Arteta’s current £8.3m per year contract won’t be a guaranteed £8.3m per year. A substantial portion of it will be conditional on winning the league, or winning the FA Cup or Champions League or if he stays for the tenure of the contract.
While the exact component of the bonus in each contract that the Arsenal manager has ever signed is unknown, don’t be under any doubt that it’s a substantial sum of money.
Endorsements
Mikel Arteta had endorsement deals with Adidas and Puma with the latter being the preferred brand, especially at the end of his playing days.
Right now, Arteta don’t seem to have any exclusive endorsement deal with one particular brand, be it a footwear company or something else entirely. Not even a hair product company unfortunately, and this one just seems disappointing.
Investments in real estate
Mikel Arteta like any other wealthy 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 the UK.
For example, Mikel Arteta joined Littlewoods Investment LLP back in 2013. According to Companies House, Arteta is a person of significant control in the LLP. Littlewoods Investments LLP transformed an old industrial building in Liverpool into what became a trendy office block called the Bunker.
Car Collection
Mikel Arteta is not a flashy guy and we are yet to get a hint of a big car collection that he owns. However, he does own a Cadillac Escalade, a luxury SUV. The Spaniard often drives this V8 engine powered car to the training centre in North London.
This car has a price tag of $100,000. Cadillac Escalade is a luxury American SUV that comes with a huge 6.2-litre V8 engine that belts out 403 hp.
Watches
In the Amazon Prime documentary ”All or Nothing” featuring Arsenal, we saw the Arsenal manager wearing the limited edition Rolex GMT-Master II “Sea King” 116710LN.
It’s an amazing watch which also tells you the time of different time zones. An important feature if you are a football manager.
The market price of the watch is $75,000. If you are a watch enthusiast, you will know that the Rolex GMT-Master II “Sea King” 116710LN is a 40mm stainless steel watch featuring a black dial with a date window at 3 o’clock, a green second timezone hand, a 24-hour rotatable bezel with a black cerachrom insert in ceramic as well as an oyster bracelet. Very impressive indeed!
Lorena Bernal net worth
Mikel Arteta is married to actress and television host Lorena Bernal. It is estimated that the actress of Argentinian origin is worth atleast $1 million on her own.
Lorena Bernal has appeared in several Hollywood movies apart from her modelling career. She has also guest starred in several US TV shows including the super hit CSI: Miami.
Mikel Arteta’s wife has appeared in several commercials in Spain as well as appeared on dozens of popular magazine covers. Her net worth mainly comes from her income in commercials, modelling career and acting in movies and TV shows.
