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Arsenal reportedly feel that the appointment of Mikel Arteta as the club's new manager could lead to Pierre-Emerick Aubameyang penning a new contract.

Arsenal are reportedly hopeful of being able to agree a new contract with striker Pierre-Emerick Aubameyang.

Despite recently being made club captain, Aubameyang has just over 18 months remaining on his contract at the Emirates Stadium.

With the Gunners struggling to qualify for next season's Champions League, the Gabon international is allegedly against holding discussions over fresh terms.

However, The Sun claims that Arsenal are confident that the appointment of Mikel Arteta as the club's new boss may lead to a change of heart from the frontman.

Should the North London outfit not convince the 30-year-old to remain in England's capital, they will likely have to cash in on his signature during the summer.

Barcelona and Real Madrid are said to be monitoring the situation.

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