Arsenal have reportedly upped their contract offer to striker Pierre-Emerick Aubameyang and are now prepared to pay the Gabon international £300,000-a-week to remain at the club, according to reports.

The club captain has enjoyed another prolific campaign in front of goal, firing his side to FA Cup glory with a brace versus Chelsea at Wembley, while he is an important leadership figure in the dressing room.

However, Pierre-Emerick has less than a year remaining on his deal and Arsenal feel they will need to sell their top scorer if he doesn’t commit to fresh terms – rather than risk losing him for free.

Mikel Arteta is desperate to keep the star and Arsenal’s hierarchy are prepared to back their head coach, with The Times claiming the forward has been offered a lucrative fresh deal.

Aubameyang will earn in excess of £300,000 per week including bonus payments in his proposed new deal, up from the £200,000-a-week base salary he currently earns.

The striker will also receive a one-off payment of £300,000 due to a clause in his current deal requiring him to score or assist at least 25 goals – a benchmark he reached in the PL on the final day of the season.

The new deal would make Pierre-Emerick the second-highest earner at Arsenal behind only Mesut Ozil, though Arsenal would ideally like to offload the German this summer.

Alongside the gigantic salary, Arteta hopes Arsenal’s improving performances and FA Cup win have shown Aubameyang that he can achieve everything he wants to at the north London side and cement himself into the side’s folklore.