Arsenal are prioritising a new five-year deal for Bukayo Saka this summer, which could reportedly cost the club £45m or more.

arsenal v brentford premier league 3
LONDON, ENGLAND: Bukayo Saka of Arsenal celebrates after scoring their side’s second goal during the Premier League match between Arsenal and Brentford at Emirates Stadium on February 19, 2022. (Photo by Shaun Botterill / Getty Images)

Currently under contract until 2024, Football.London report that a new deal for Bukayo Saka is Arsenal’s summer priority, though there are a couple of words of caution.

Firstly, Football.London confirm reports from elsewhere that Champions League qualification will be a factor in whether the player signs.

The Daily Mail had previously written that concerns were growing about Arsenal’s ability to tie Saka down without Champions League football. The Mail claim it will be “significantly harder” to extend Saka’s deal if Arsenal don’t finish in the top four.

Secondly, the deal won’t come cheap. Football.London claim a new five-year deal could end up costing Arsenal over £45m.

Some of that would likely come in the form of signing-on fees and loyalty bonuses. But split evenly across the length of the contract that’s over £170,000-a-week.

Fabrizio Romano reported this week that many top clubs around Europe are following Bukayo Saka, across all the top leagues.

Yet when questioned on Saka’s future, a source close to the player responded that he really loves Arsenal, the city, and the people are the club.

As a result, Saka isn’t currently planning to leave, though extension talks won’t take place until the summer.

Arsenal are keen to hand Saka a new deal, there are positive feelings on both sides right now, but the focus is on the race for the Champions League for the time being.

Arsenal's Spanish manager Mikel Arteta (R) speaks witj Arsenal's English midfielder Bukayo Saka (L) during the English League Cup semi-final first leg football match between Liverpool and Arsenal at Anfield in Liverpool, north west England on January 13, 2022. (Photo by PAUL ELLIS/AFP via Getty Images)
Arsenal’s Spanish manager Mikel Arteta (R) speaks with Arsenal’s English midfielder Bukayo Saka (L) during the English League Cup semi-final first leg football match between Liverpool and Arsenal at Anfield in Liverpool, north west England on January 13, 2022. (Photo by PAUL ELLIS/AFP via Getty Images)

In a press conference earlier this month, Mikel Arteta confirmed that Arsenal will hold talks with Saka’s camp over a new contract this summer.

“It is a conversation we are going to have with the player, then his agent, his family — [talks] which are going to be extremely important as well — so everybody is on board,” Arteta said.

“Obviously, our desire is to keep Bukayo as long as possible, because we are really happy. He is part of our club, our DNA, he is growing, he is maturing.

“His importance in the team is unquestionable and we want to keep our best talent, that’s for sure.”

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Arsenal fan since a young age, now a season ticket holder who enjoys writing, tweeting and making videos about the Gunners.