Arsenal show their class as players agree reduced salaries to help the club
How is your football club responding to the coronavirus crisis? Liverpool and Spurs got greedy. Their plan to milk the State for staff wages upset fans, whose vociferous reaction caused both clubs to change direction and pay their staff in full. Manchester United expressed their view that a pandemic presented the chance for them to hammer smaller clubs. And Arsenal? Their players are the first in the Premier League to agree to a pay cut. The board has already agreed a more than 33% wage cut for the next 12 months.
The Gunners players will take a 12.5% wage cut but be reimbursed if they qualify for next season’s Champions League or the 2021-22 competition. They will get a £100,000 bonus for reaching next year’s Champions League. They will each reportedly earn £500,000 for winning the 2021 Champions League or £100,000 for the Europa League.
The Gunners are eight points off of a Champions League place with 10 games remaining. Their chances of reaching the Champions League are slim. Those wages will never be made up.
Posted: 18th, April 2020 | In: Arsenal, Money, Sports Comment | TrackBack | Permalink
