Arsenal amend contracts in event of Champions League failure

Arsenal have taken steps to ensure the club’s financial health is not damaged should they fail to finish in the top four of the Premier League by designing the players’ new contracts to include pay cuts if they are not playing Champions League football, the Daily Mirror has reported.

The Gunners are currently adrift of the Champions League places in seventh, five points off fourth-placed West Bromwich Albion. Arsene Wenger’s side are however through to the knockout stage of this year’s Champions League, qualifying with a game to spare from a group also containing Schalke, Montpellier and Olympiakos.

But with participation in the competition for next season still in doubt and the club engaged in contract talks with almost half-a-dozen players, Arsenal have taken the opportunity to safeguard against the absence of Champions League football in the future.

Bacary Sagna, Jack Wilshere, Theo Walcott, Alex Oxlade-Chamberlain and Kieran Gibbs are among the players discussing fresh terms at the Emirates Stadium, but any agreement is likely to include a clause that sees wages drop according to Arsenal’s Champions League status.

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