Arsenal football club’s executive team have agreed that they will waive more than a third of their salaries over the next 12 months in response to the ongoing coronavirus crisis. The Gunners also said all other employees are to be paid in full, and the club will not be using the government’s job retention scheme.
Private discussions have taken place with the players “around the potential financial challenges ahead”. Like every other club in the English Premier League Arsenal are negotiating on wage cuts which is a decision taken on a club-by-club basis. Arsenal made thios decision after they held talks aimed at the collective pay deal broke down without resolution.
The Premier League proposed a 30% pay cut, but the Professional Footballers’ Association says that would affect tax contributions to the National Health Service. Arsenal say this is “one of the most challenging periods in our near 134-year history” they also said: “The potential financial impact is significant so we must be responsible and act now to best protect Arsenal from what might happen in the months ahead.”
They have also come up with the idea that all Gunners fans will receive credits or refunds if matches are played behind closed doors should the league resume or are cancelled entirely. They also said casual workers will be paid for the remaining four home matches, and again should the games be rearranged. English football has been stopped indefinitely because of the global pandemic with no date scheduled for its return.