Arsenal Players Faces Wage Cut If They Fail To Qualify For Champions League

Arsenal has told their players that securing Champions League qualification would see them avoid having to take wage cuts, as the north London club begins to assess the financial havoc caused by the global coronavirus pandemic.

Arsenal Players Faces Wage Cut If They Fail To Qualify For Champions League

The Gunners were last in action just over a month ago when Alexandre Lacazette’s late goal secured a narrow win over West Ham at the Emirates Stadium.

Arsenal, like all of their domestic and European rivals, have been in a state of limbo ever since and starved of the matchday revenue which plays a significant role in covering their annual £230million wage bill.

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Arsenal Players Faces Wage Cut If They Fail To Qualify For Champions League

According to the Daily Telegraph, Arsenal tentatively opened talks with their players over the idea of wage cut earlier this week, but their proposal far from met with universal approval.

Arsenal hasn’t qualified for the Champions League since 2016 and has spent the last three seasons in the Europa League, a competition they were knocked out of last month by Olympiacos.

Arsenal Players Faces Wage Cut If They Fail To Qualify For Champions League

Arsenal Players Faces Wage Cut If They Fail To Qualify For Champions League

Mesut Ozil’s £350,000-a-week salary contributes to Arsenal’s annual £230m wage bill.

The only way the north London club can return to Europe’s elite club competition is by finishing in the top four, although fifth-place could yet offer them a route back into a competition they were part of for 20 consecutive years, should Manchester City’s ban be upheld by the Court of Arbitration for Sport.

After an upturn in fortunes, masterminded by new head coach Mikel Arteta, the Gunners are currently just four points adrift of Manchester United in fifth place, having played a game less, and a further three points behind London rivals Chelsea.

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