Arsenal players are ready to agree a 12.5 per cent pay cut after being offered an lucrative Champions League bonus plan.
Players will get their losses back if they qualify for next season’s Champions League - plus a £100,000 bonus.
The club are also offering players £500,000 each if they win the Champions League in 2021 or £100,000 each if they lift the Europa League.
Arsenal players are ready to agree a 12.5 per cent pay cut due to coronavirus pandemic
The players have been offered a very lucrative Champions league bonus if they qualify
The newly drawn up agreement also means if they qualify for the Champions League in the next two seasons they will get their money back.