Coronavirus: Arsenal players and coaches take 12.5% cut to wages

Share on facebook
Share on whatsapp
Share on telegram
April 21, 2020
    Add a header to begin generating the table of contents
    Scroll to Top

    Arsenal players celebrate a goal

    Arsenal’s players will receive some of the money back if they hit targets on the pitch

    Arsenal’s first-team players and head coach Mikel Arteta have agreed a pay cut to help with the financial impact of the coronavirus pandemic.

    The Premier League club said the “voluntary agreement” sees those involved have their annual earnings reduced by 12.5%.

    The club’s core coaching staff are also among those taking cuts to their pay.

    If the Gunners hit certain targets on the pitch, the club says “agreed amounts” will be paid back.

    “We will be able to make those repayments as hitting these targets, which the players can directly influence, will mean our financial position will be stronger,” Arsenal said.

    “The agreement is based on the assumption we will finish the 2019-20 season and receive the full broadcasting revenues. The resulting savings will help cover some of the financial risks we have this season in relation to our matchday and commercial income.

    “The move follows positive and constructive discussions. In these conversations there has been a clear appreciation of the gravity of the current situation caused by the Covid-19 pandemic and a strong desire for players and staff to show their backing for the Arsenal family.

    “We are proud and grateful to our players and staff for pulling together to support our club, our people and our community in these unprecedented times which are some of the most challenging we have faced in our history.”

    Earlier on Monday, Sheffield United manager Chris Wilder and chief executive Stephen Bettis agreed partial pay and bonus deferrals “to assist the club’s cash flow issues”.

    Watford, Southampton and West Ham are the other Premier League clubs to have agreed wage deferrals with their first-team squads.

    The Premier League asked clubs to put a 30% pay cut to players but the Professional Footballers’ Association said that would affect tax contributions to the NHS.

    Earlier this month, Premier League players launched the #PlayersTogether scheme to generate and distribute funds to the NHS.

    Source

    Football
    Covid-19: Arsenal trio affected before Man City game

    Arsenal have lost both matches they have played since the Premier League resumed last week Three Arsenal players were unable to train in the build-up …

    Football
    Jan Vertonghen: Tottenham defender signs extension until end of season

    Jan Vertonghen has made 228 Premier League appearances for Tottenham Tottenham defender Jan Vertonghen has signed a contract extension until the end of the season. …

    Football
    Man City: Pep Guardiola has ‘ideas for the transfer market’ and expects to ‘fight’ for title next season

    City are 23 points behind leaders Liverpool Manchester City manager Pep Guardiola says he has “ideas for the transfer market” and expects to “fight” for …

    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    April 21, 2020
      Add a header to begin generating the table of contents
      Scroll to Top
      • Bookmakers Bonus
      Fonbet

      Registration bonus up to 250 Euro!

      Winmasters
      Parimatch
      0
      Would love your thoughts, please comment.x
      ()
      x
      This website uses cookies to ensure you get the best experience on our website.