Arsenal players are set to be the first in the Premier League to agree to a pay cut after being offered Champions League qualification incentives.
The Gunners players will take a 12.5 per cent 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, says the Mirror.
The Gunners were in ninth place in the Premier League when the season was stopped because of the coronavirus pandemic, eight points adrift of a Champions League place with 10 games remaining.