LONDON: Arsenal's players and coaching staff have agreed a 12.5 per cent salary cut due to the COVID-19 pandemic, making the London-based club the ...
LONDON: Arsenal's players and coaching staff have agreed a 12.5 per cent salary cut due to the COVID-19 pandemic, making the London-based club the first in the Premier League to announce such a measure.
"We are pleased to announce that we have reached a voluntary agreement with our first-team players, head coach and core coaching staff to help support the club at this critical time," Arsenal said in a statement on Monday . Arsenal added that"agreed amounts" would be repaid if specific targets primarily linked to success on the pitch were met in the seasons ahead.The club said the agreement with players was based on the assumption of the 2019/20 season being completed and the club receiving its full share of broadcasting revenues.
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