This archive report was first published on 21 April 2020.
On April 21, 2020, Arsenal became the first English Premier League club to implement a salary reduction due to the COVID-19 pandemic.
The club's players and coaching staff agreed to a 12.5 percent pay cut, a move aimed at mitigating the financial impact of the pandemic on the team.
As the global health crisis continues to spread, sports teams and leagues around the world are facing unprecedented financial challenges.