Soccer-Arsenal announce 12.5% salary cuts for players, coaching staff

Arsenal's players and coaching staff have agreed a 12.5% salary cut due to the COVID-19 pandemic, the Premier League club said in a statement on Monday.

"Reductions of total annual earnings by 12.5% will come into effect this month, with the contractual paperwork being completed in the coming days," the club said https://www.arsenal.com/news/club-statement.