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Martin Odegaard becomes Arsenal’s highest-paid player as he signs new five-year contract for a huge pay rise

By Tuesday, 3 February 2026, 6:03 pm

 

Arsenal captain,  Martin Odegaard has signed a new five-year deal with the club.

 

Odegaard initially joined the Gunners on loan from Real Madrid in January 2021, before making his move permanent that summer for a £30m fee.

 

His previous deal was set to expire at the end of next season and the Gunners made the midfielder’s future a top priority.

 

The Norwegian midfielder has now committed to the club until the summer of 2028 and will become their highest-paid player.  He received a sharp pay increase from his previous deal which was worth in the region of £120,000-per-week.

 

Speaking after his new contract was announced, Odegaard said: ‘It was an easy decision for me. I felt connected and I felt at home here since the first day.

‘And also I was moving around a lot and struggling to really settle down, so I felt like I needed a place to come and settle down and to kind of find a home.

 

‘(There are) amazing people here at the club, the fans as well, everything around the club is just a good match for me.

‘Of course, I am thinking about it (winning trophies). That is the big dream, the big goal, to win things with the club. That’s why I have signed here as well, because I believe we can achieve some great things.’

Odegaard has made 112 appearances for Arsenal in all competitions, scoring 27 goals and providing 15 assists.

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