Mikel Arteta To Arsenal: Manchester City Compensation Holding Up Deal

Arsenal must pay City £2m to free Arteta from his contract
Mikel Arteta has a broad agreement to become Arsenal head coach – but the deal is being held up by Manchester City’s compensation demands.
Negotiations are now underway between the two clubs, with City understood to be in no mood for compromise with their Arsenal counterparts as they look to recoup £2m for their assistant manager.
Despite three weeks of speculation linking Arteta with a move to north London, no discussions took place between the two parties when City played at the Emirates last Sunday.
However, Arsenal managing director Vinai Venkatesham and club lawyer Huss Fahmy were photographed leaving Arteta’s Manchester home in the early hours of Monday morning after a meeting lasting over two hours.
City are resigned to losing Arteta and will not stand in his way, but are expected to be less than flexible when it comes to both the amount of compensation and the payment schedules agreed with Arsenal.
The Gunners fuelled speculation Arteta’s appointment could be imminent on Thursday after postponing interim boss Freddie Ljungberg’s news conference to Friday.
Ljungberg was set to face the media ahead of Saturday’s trip to Everton –
However, the club have moved the news conference to Friday, giving no information about who will face the media.
Sky in Italy are reporting that Arteta has told City’s board that he wants to leave to become the Gunners’ head coach, but he did travel with his current employers to Oxford for Wednesday’s Carabao Cup quarter-final to take his place on the bench alongside Guardiola.
Following that game, which City won 3-1, Guardiola was once again asked about Arteta’s future, saying: “There was no change. I don’t have any news
“We prepared the game as best as possible. I spoke yesterday, my press conference I had 48 questions and 35 were about Mikel so I don’t have to say anything more until there is news.
“When there is news, in my next [press] conference when you ask me something I will answer.”
Source: Skysports.com

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Omolade Adnan Seyi is the C.E.O of Leregist. He is a graduate of Osun State University, Osogbo where he obtained a degree in Political Science Education. He is a teacher, writer and a seasoned politician. Contact: 08022475224

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