Arsenal stars set for fresh pay cut

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal Arsenal, Wolves want Michael Olise Akpom pens Middlesbrough loan deal Arsenal executives have piled pressure on their players to take wage reductions by confirming they have agreed to substantial pay cuts.As Sportsmail revealed earlier this week, the Gunners squad have rejected the club’s original proposal of a 12.5 per cent pay-cut for an entire year.Arsenal have been working on a fresh offer which the players, following talks among themselves, will vote on in the coming days.The squad, together with boss Mikel Arteta, will hold talks to discuss the issue – but players are under increasing pressure to accept reductions after the club revealed the executive team have volunteered to take a pay-cut of more than a third.As of the weekend, Gunners players were against accepting pay-cuts, but were open to considering wage deferrals.Even before the coronavirus crisis, which has deeply impacted the finances of clubs across the country, Arsenal were under pressure to reduce their wage bill following three seasons outside the Champions League.However, some players have shown sympathy towards the club’s financial difficulties and are ready to accept pay cuts.Arsenal have told players they will be paid back all of their proposed 12.5 per cent losses if they qualify for next season’s Champions League; the amount would also be reduced to 7.5 per cent if they make the Europa League.Sources claimed as part of the new proposals, the Gunners will extend the reimbursement agreement so that players would get their money back if they qualify for the Champions League inside two seasons.In a statement released to their fans on Wednesday, Arsenal said: “Our players have been keeping very busy during this difficult period, working hard at home on both their fitness and tactical work while training is suspended.“Over the past 10 days we have been in discussions with them around the potential financial challenges ahead, and how we are planning for those now.“These are productive and ongoing conversations around how our players might support their club in an appropriate way. We have not and will not make any comment on this matter until these private discussions have concluded.” Tags: ArsenalMikel Artetalast_img

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