Arsenal's executive team have agreed to cut more than a third off of their salaries for the next 12 months to help the club through the coronavirus pandemic.
The Gunners released the news via a statement on their website on Wednesday, in which the club also warned that it is facing 'one of the most challenging periods' in its 134-year history.
The Premier League has been suspended indefinitely due to the severity of Covid-19 - with the pause on the campaign affecting the finances of everybody.
Arsenal posted a £27million loss for the 2018-19 season and are on course to lose far more this year due to the shutdown.