Arsenal players have rejected the latest proposal of a wage cut presented by the club occasioned by the suspension of the league due to the coronavirus pandemic.
The players have been told by the club that the financial situation at the club will be grave should the season be cancelled or resumed behind closed doors.
However, the parties have so far been unable to agree on the way forward to mitigate the financial crisis.
Naija News understands several options have been discussed, but so far none have been met with enough approval to be put into action.
The last proposal from the club had suggested a 12.5 per cent wage cut – which would last for a year. There were incentives included in the offer, including one which stated that the players would be paid in full should they secure Champions League football next season.
However, when the vote on the offer was held among the squad on Monday, it was rejected.
Negotiations with the players will now continue aimed at finding a workable and acceptable solution for all parties.
Share this post with your Friends on
Looking for something? Search below
You may be interested
2024 CHANQ: History Not Kind To Us Against Ghana –Ogunmodede
Webby - December 24, 2024Home-based Super Eagles coach Daniel Ogunmodede says history has not been good to Nigeria when they face rivals Ghana.The home-based…
Ex-Chelsea Star Oscar Returns To Boyhood Club Sao Paulo
Webby - December 24, 2024Former Chelsea midfielder Oscar is returning to his Brazilian boyhood club Sao Paulo after 14 years, which included a long…
‘I’m Incredibly Proud’– Arokodare Talks Up Genk’s Unbeaten Home Streak
Webby - December 23, 2024Tolu Arokodare is full of excitement followingGenk’s historic victory over Anderlecht, reports Completesports.com.Sunday’s win at the Cegeka Arena was the…