ANKARA

English Premier League club Arsenal reached a “voluntary agreement” with its first-team players, head coach and core coaching staff on a 12.5% pay cut amid the COVID-19 pandemic.

“If we meet specific targets in the seasons ahead, primarily linked to success on the pitch, the club will repay agreed amounts,” the club said on its website.

“Reductions of total annual earnings by 12.5 percent will come into effect this month, with the contractual paperwork being completed in the coming days. If we meet specific targets in the seasons ahead, primarily linked to success on the pitch, the club will

Read more: Arsenal squad agrees to coronavirus salary cut