Arsenal are preparing to announce a new contract for Bukayo Saka.

Saka will become Arsenal's top earner when he signs a new five-year contract worth up to £300,000-a-week, says The Sun.

The new deal will more than quadruple his current £70,000-a-week wages and see him overtake Gabriel Jesus on the salary scale after the Brazilian striker agreed a £250,000-a-week deal having joined from Manchester City for £45m last summer.

However, he won't be the club's highest ever paid player.

The new deal will still fall short of the £350,000-a-week which made Mesut Ozil the highest paid player in the club's history.

The Gunners are nearing an agreement to 2028 which will end all doubt over Saka's long-term future.