Arsenal stars and Arteta agree wage cuts

Bengaluru, April 20: Arsenal have announced that players and coaches have reached an agreement over wage cuts, which will take effect this month.

The first-team squad, as well as head coach Mikel Arteta and his staff, have come to a voluntary agreement that will see their total annual earnings reduced by 12.5 per cent.

Certain amounts will be repaid if "specific targets" over the coming seasons are met, the club said.