Mesut Ozil has Refused To Take A 12.5 Percent Pay Cut At Arsenal, Arsenal had announced a 12.5% pay cuts for players, coaching staff. The midfielder, 31, is the highest-paid player at the Emirates on a whopping £350,000-per-week. The club statement said: “We are pleased to announce that we have reached a voluntary agreement with our first-team players, head coach and core coaching staff to help support the club at this critical time, This didn’t go down well with Ozil.
The midfielder has not accepted the agreement as he did not want to rush into a decision. Ozil’s wages work out at £18.2m a year, which means his income will fall by £2.3m.
Arsenal are likely to continue talks are set to continue with Ozil. The German is one of three stars who have decided against taking the pay cut. NSL understands. that Ozil wants to see the financial impact of the COVID-19 pandemic before he parts with his wages. He has made it clear he may be willing to do it in the future and has respect for the decisions made by his team-mates. It is thought the former Real Madrid star is open to deferring even more than the 12.5 percent pay cut that has been agreed. Ozil’s agent Dr. Erkut Sogut refused to comment after calling for Premier League stars to not accept the pay cut. He said: “I wouldn’t recommend agreeing on a cut today because I don’t know tomorrow if the league will be played, if clubs will get TV and sponsorship money. “What the exact financial impact is on the clubs, we can see three to six months later – but we can’t see it today. Deferral is an option but not to agree a cut today when the clubs may still make the same profit as last year. “When politicians tell players to do their part, it’s a distraction because they can’t even protect NHS staff.
“It’s easy to target these ‘greedy’ Premier League players – but many players do so much for charity.”
According to reports, Arsenal will repay the 12.5 percent losses to the players in full if they qualify for the Champions League in the next two seasons. The staff will receive 7.5 percent back if they reach the Europa League. But will be hit by the full 12.5 percent if they do not qualify for Europe.