COVID 19: Arsenal Coaches and Players to Slash Their Wages

COVID 19: Arsenal Coaches and Players to Slash Their Wages
Spread the love
  •  
  •  
  •  
  •  
  •  
  •  

Arsenal players and coaches have agreed to voluntarily slash their wages to ease financial difficulties during the Coronavirus (COVID-19) crisis.

The players and coaches voluntarily gave up 12.5 percent of their wages. This pay cuts with players and coaching staff that will take effect this month.

Arsenal disclosed this in a statement on their official website on Monday.

“We are pleased to announce that we have reached a voluntary agreement with our first-team players, head coach and core coaching staff to help support the club at this critical time,” a club’s statement read.

HOT STORY  BREAKING: Buhari writes Reps, demand another $5.513bn loan

“The move follows positive and constructive discussions. In these conversations, there has been a clear appreciation of the gravity of the current situation caused by the Coronavirus (COVID-19) pandemic.

“Reductions of total annual earnings by 12.5 percent will come into effect this month, with the contractual paperwork being completed in the coming days.

“The agreement is based on the assumption and when the season 2019-2020 will finish.

The resulting savings will help cover some of our financial risks.

“We are proud and grateful to our players and staff for pulling together to support our club, people, and community.”

HOT STORY  Bishop Oyedepo Brags as he claims to heal 114 COVID-19 patients

Please share thoughts below


Spread the love
  •  
  •  
  •  
  •  
  •  
  •  

Leave a Reply

Your email address will not be published.

%d bloggers like this: