Arsenal and Saka are now said to be close to agreeing a new contract.
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Arteta said, "He feels very comfortable here and wants to stay where he belongs and achieve everything we want together."
However, the Spaniard would not give any information about when a possible extension might become official.
"When and how it becomes relevant, I leave it to Andrea Berta (Arsenal sporting director) to find out," Arteta added.
Saka's contract with Arsenal runs until the summer of 2027.
