Arsenal players resolutely reject the proposal from the club, which faces a 12.5% pay cut in one year.
Arsenal have a plan to reduce wages in one year if not win tickets to the Champions League next season. This is clearly shown by the club sending the 5-point plan to Hector Bellerin, the representative of Arsenal Professional Footballers Association.
Accordingly, Arsenal players will have to reduce 7.5% of their salary if they only win tickets to the Europa League, which is combined with the crisis caused by the COVID-19 pandemic causing huge financial losses.
In the absence of a ticket to attend any European tournament, the players are not refunded. It should be known that, “Gunners” is currently ranked 9 and inferior to the top 4 to 8 points.
Arsenal asked players to make a pay cut from this month until March 2021 after the proposal was sent over the weekend.
However, according to Mirror Sport, Arsenal players decided to reject the proposal knowing they would lose a significant sum if they were unable to attend the Champions League. Instead, they are only willing to discuss deferring wages to help the club.
So far, neither side has reached any deal that causes tension. Even the board of directors decided to push up the salary cut even before knowing whether to suffer damage due to television royalties or not.
- Cutting 12.5% of wages for 12 months from April 2020 to March 2021.
- The full amount will then be refunded if Arsenal wins a ticket to the Champions League.
- If Arsenal does not win a ticket to the Champions League, the players are not refunded.
- If Arsenal does not win a ticket to the Champions League, but to the Europa League, the cut will be 7.5%.
- If the season does not end or Arsenal does not receive the full money from the TV stations, they will ask the players to find the next solution.