Arsenal stars will accept pay cut if players get their money back if they’re sold after rejecting earlier deal

ARSENAL’S squad are willing to take a pay cut – but want any player to receive the money back if they are sold in the summer. It was revealed that the Gunners rejected a proposal from the club to only take a cut if they fail to qualify for the Champions League. Arsenal had failed […]

ARSENAL’S squad are willing to take a pay cut – but want any player to receive the money back if they are sold in the summer.

It was revealed that the Gunners rejected a proposal from the club to only take a cut if they fail to qualify for the Champions League.

Reuters

Arsenal had failed to reached an agreement with their team over potential wage cuts or deferrals.

But according to The Athletic, the Arsenal players are now prepared to take a deferral if their demands are met.

The players want to be assured that 100 per cent of the jobs at the club will be protected.

Reports claimed that Premier League clubs could be forced to sell players in order to pay for the rest of  their squad.

Arsenal’s team want any player that receives a pay cut and is then sold in the summer to receive the money back in full.

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Mikel Arteta’s side have also asked their players to donate a week’s wages to help reduce the financial impact of coronavirus.

This money will be used to cover the salaries of lower-paid staff at the Emirates.

Mesut Ozil remains as Arsenal’s highest-paid star with a contract worth a whopping £350,000-per-week.

The Gunners are among the long-list of clubs that have plunged into financial problems due to the coronavirus pandemic.

Arsenal posted losses of £27.1million in February and a huge 25 per cent of their revenue comes from matchday income.

And reports have claimed that the Premier League could return sole as a “TV event” in June or July.

As things stand, only West Ham and Southmpton have reached an agreement with their players over wage cuts.