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Arsenal players are set to be the very first in the Premier League to accept a pay cut after being provided Champions League certification rewards.
The Gunners players will take a 12.5%wage cut but be repaid if they get approved for next season’s Champions League or the 2021-22 competitors.
They will get a ₤100,000 bonus offer for reaching next year’s Champions League.
They will each supposedly make ₤500,000 for winning the 2021 Champions League or ₤100,000 for the Europa League.
The Gunners were in ninth place in the Premier League when the season was stopped because of the coronavirus pandemic, eight points adrift of a Champions League location with 10 video games remaining.
On Wednesday, the Toolbox executive group accepted waive more than a third of their salaries over the next 12 months.
Private discussions have taken location with the gamers over the “possible financial challenges ahead”, with negotiations on wage cuts taking place on a club-by-club basis.
The decision followed league-wide talks intended at a cumulative pay deal broke down without resolution.
The Premier League proposed a 30%pay cut, but the Professional Footballers’ Association said that would affect tax contributions to the NHS.
Toolbox said in a statement earlier today “our owners, Kroenke, Sports & Entertainment, are fully committed to supporting Arsenal through this challenging time”.
They validated their fans will get credits or refunds if matches are played behind closed doors or cancelled.
Season tickets and single match-day tickets at Arsenal are among the most pricey in the league, indicating the Gunners face paying back more than a lot of other clubs.
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