Transfer News: Arsenal preparing lucrative contract extension for Pierre-Emerick Aubameyang

Arsenal are making plans to extend Pierre-Emerick Aubameyang’s contract as things have been progressing behind the scenes for a lucrative new deal.

Arsenal’s summer business might have ended in style with the club securing several vital deals in the market. The North London side are still working behind the scenes to ensure the futures of several key stars in their squad. Striker Pierre-Emerick Aubameyang’s future is one of their priorities. According to The Telegraph, Arsenal are preparing an extension for the striker with a lucrative financial package.

Things were different back at the end of May when Arsenal lost the Europa League final to Chelsea in Baku. They failed qualify for this season’s Champions League after the Gunners finished last season in the fifth position. The future of the club looked bleak as there was an expectation many of the top stars might leave.

Arsenal turned their fate around with a brilliant transfer window as they outspent most of their Premier League top-six rivals. The arrival of Nicolas Pepe, Dani Ceballos, Kieran Tierney, and David Luiz have injected the fans with a newfound optimism. Additionally, Arsenal backed their transfer activity with a fantastic start to their season with two wins in two.

Those victories came against Newcastle and Burnley, and in both the games Aubameyang was among the scorers. The Gabon striker has continued his scoring form into the new season as he grabbed the winners in both of Arsenal’s victories. Aubameyang shared the Premier League Golden Boot last season with Liverpool duo Mohamed Salah and Sadio Mane.

While failure to qualify for the Champions League saw Manchester United show an interest in Aubameyang, the striker never pushed for a move away, showing his loyalty to Arsenal. The Gunners are set to reward him with an improved contract to secure his future at the club. Aubameyang’s current deal ends in 2021, and Arsenal want to extend it beyond that.

The club wants to show their trust in the player and are ready to offer him a massive pay rise to keep him at the club. On his current terms, Aubameyang earns 200,000-a-week after performance-related bonuses, but the club wants to make sure he is one of the top earners at the Emirates.

Mesut Ozil’s 350,000-a-week wages makes the German the top earner. Arsenal have indicated they are not willing to make commitments on a fixed wage packet but are open to paying him a similar figure through performance bonuses. The Gunners will be hoping Aubameyang signs the new deal and takes the club to the next level. The striker recently indicated the club are aiming to win the title this season.

Arsenal need to secure the long-term future of one of their top performers from the last 18-months. Aubameyang is physically capable of playing for many years to come, and Arsenal need to take full advantage of the current situation to tie him down on a long contract.