Mesut Ozil Rejects Club’s 12.5 Percent Pay Cut – Mirror Reports

Mesut Ozil one of three Arsenal players to reject club’s 12.5 per cent pay cut

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EXCLUSIVE: Mesut Ozil – who earns £350,000-a-week – is one of three Arsenal players to reject the club’s 12.5 per cent pay cut amid the ongoing coronavirus pandemic
Mesut Ozil has refused to join Arsenal’s players in taking a 12.5 per cent pay cut.
Ozil, who is the club’s highest earner on £350,000-a-week, has made it clear he may be willing to do it in the future but wanted to see the full financial impact of the coronavirus and did not want to rush into a decision.
It is understood that Ozil is one of three players in the first team squad not to accept the pay cut.
Ozil has made it clear he respects the other players and the group decision – but has urged them to respect his.
Ozil’s agent Dr Erkut Sogut declined to comment but recently said that players should not accept pay cuts
Sogut said earlier this month: “Deferral is an option but not to agree a cut today when the clubs may still make the same profit as last year.
What the exact financial impact is on the clubs, we can see three to six months later – but we can’t see it today.”
The Professional Footballers’ Association has also insisted Premier League clubs should only ask for deferrals.
Arsenal were contacted for comment but refused to discuss what they regard as the players’ private business.
The Gunners have become the first club to agree cuts with their players after ten days of intensive talks which initially saw the squad refuse to take a reduction in wages.
They will take a 12.5 per cent drop for 12 months until March next year.
However, Arsenal will repay the money in full if they qualify for the Champions League either this season or the next and will also pay the players a £100,000 bonus
Any player who is sold for a profit will have their money refunded.
They will get 7.5 per cent back if they reach the Europa League but nothing if they do not get into Europe.
Arsenal Coach, Mikel Arteta Plays a key role to convince the players to a pay cut.

Arsenal boss Mikel Arteta played a key role in negotiations with the players, his video conference call last Wednesday helping to convince the squad that the club needed financial help.
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