Audio By Carbonatix
Arsenal's executive team 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".
Negotiations on wage cuts are taking place on a club-by-club basis.
The decision came after talks aimed at a 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 NHS.
Arsenal say this is "one of the most challenging periods in our near 134-year history" adding: "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."
Gunners fans will receive credits or refunds if matches are played behind closed doors or are cancelled entirely, while 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.
Latest Stories
-
Two remanded over alleged illegal possession of G3 rifle, ammunition
13 minutes -
Gov’t fast-tracks Accra–Kumasi expressway with military-led groundwork
36 minutes -
Court orders psychiatric evaluation for man accused of stealing police armoured vehicle
49 minutes -
Ghana launches National Mental Health Campaign with 24/7 digital care platform
52 minutes -
GoldBod Jewellery opens nationwide partnership drive for sales agents and franchise owners
56 minutes -
TGMA 2026 moves to Grand Arena as organisers announce venue change
1 hour -
‘We survived on snow and sand’ – Victim recounts harrowing experience on frontlines of the Russia-Ukraine war
1 hour -
‘I considered retiring’ – Kofi Kyereh opens up on rehabilitation struggles
1 hour -
Gov’t and mining companies in talks over gold mobilisation and forex strategy
1 hour -
Gender Ministry rallies support for Ghana’s bid to UNCRPD Expert Committee seat
1 hour -
WPL 2025/26: Hasaacas Ladies receive donation from Betika Ghana after second-place finish
1 hour -
Adamus CEO Angela List rejects illegal mining claims, says company has no link to galamsey
2 hours -
From crisis to confidence: Ghana’s remarkable economic turnaround
2 hours -
Youth employment drive gains traction as partnerships scale across Africa
2 hours -
Election 2028: Asiedu Nketia closes gap on Bawumia – Global Info Analytics
2 hours