Arsenal squad may face pay cut if fail to qualify for CL

Image
ANI London
Last Updated : Apr 19 2014 | 3:25 PM IST

Arsenal players will reportedly face a pay cut of up to 25 percent if they fail to qualify for the Champions League for the first time in 17 years.

Media reports have revealed that Arsenal, when negotiating new deals this season and last, asked its players to agree to the reduction in wages.

According to the Daily Star, speculations are that some of the squad members signed up for the clause despite some players refusing to agree to the pay cut and that the club believing that the deal was unlikely to come into effect.

Arsenal is looking at a minimum of 35 million-pounds in its accounts if they make it into the Europe's top club competition, but the club looks in a battle with Everton to secure the fourth place in the Premier League this season, the report added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 19 2014 | 3:12 PM IST

Next Story