SOurce = bbc "Arsenal offered £5m on Tuesday and £10m on Wednesday afternoon - both bids were rejected. Any deal was dead until around 1900 BST, when Arteta told Moyes he wished to leave. "Moyes spoke to the chairman, Bill Kenwright, and said he did not want to keep a player who did not wish to play for Everton. "Arteta was Everton's highest-paid player ever on around £75,000 a week and took a big pay cut to join Arsenal." On the one hand, arteta wants to come to the arsenal because we are a big club with great fans and history. On the other hand, even players from Everton are having to take pay cuts to join us!! That is astonishing. The Arsenal are financially the 5th biggest club in the world (by turnover, and ignoring rich owners). And yet people have to take a pay cut when joining from everton!
He was their highest paid player by a long shot... so that doesn't really mean anything. The average wage at Arsenal is still considerably larger than the average at Everton.
I have heard it was a pay cut of 20k. From 75k to 55k, although I assume there are signicant performance related bonuses. Than again this is all media speculation so take it with a massive grain of salt.
Not really a major issue in my opinion. It shows that he wants to play for us by taking a pay cut, so that can only be a good thing and we're saving £20k per week by him agreeing to it. Again, that's a good thing.
I hope he will get what he is due. The wage structure at Arsenal has come in for some criticism over the period of this transfer window and the sooner it is revised, the better IMHO
I don't see why you should be worried by this. I think all clubs have their wage structures and if anything it is to be respected that you have only offered him 10k less than his current salary. This shows true passion from a player if they really are that desperate for a move as it shows winning things is their motivation and not the pay packet. Scotty Parker also took a pay cut from West Ham to Spurs. It means nothing other than some clubs pay higher wages, often to the detriment of their own finances. I'm proud of Spurs that we do have a wage cap, even if it does hold us back at times, because like yourselves it shows we're trying to be successful fairly and respectfully.
@henryforever i heard 65k too, i think it was on the BBC deadline day coverage. I know what the op means it is impressive that a player took a pay cut to join us especially as he is 29 and signing his last big contract. However it begs the question going forward who we can actually get in terms of big signings when we cant afford to pay the wages of some lesser known ones. Also this isn't the first time Arshavin took a pay cut from 100k to 70k to join us (people seem to forget that) and with the UK's much higher tax brackets that probably amounts to something like 50k a week cut. So yes it is good that there are players out there willing to do things like that but it doesn't bode well for when he go for bigger players for example we lost Mata due to our wage structure. And going forward it could affect us when renegotiating wages for players such as RVP and TV when there contracts start to run down something wenger has highlighted. BUT dont forget there are probably add ons such as app,goal, assist bonuses and maybe things like one of payments for position in the league as well as number of appearances in the league which can boost a contract.
I suppose Mr Head that some of us ( I certainly ) would like to see him rewarded properly. Our wages structure is a load of nonsense from what I gather. A youth coming through Arsene's system is remunerated on the basis of his potential so the young 'uns are paid proportionately better than the experienced players like RVP for instance. I'm not talking about money terms as such since RVP earns more than say Aaron or Super Jack but in terms of proportion, the salaries are weighted in favour of the youngsters. That is how I understand it to be. If this is the case then it needs to be looked at since the more you pay the youngsters who at this stage are not contributing their worth to the club, then the less you can afford to pay the more experienced players who can and are. There is another downside to our policy of course and it is that there is a ceiling which would prevent us from competing with other major clubs in respect of the wages they can offer to attract big name signings. If indeed say we could successfully bid for an Ageuro or Dzeko, we could never agree personal terms with such players unless they were prepared to drastically reduce their salary requirements. Now, we could debate the appropriate industry policy governing salary levels of footballers but that would be a separate subject. In terms of this thread, I'm simply saying that our wages structure is at best wonky, at worst, wrong. I'm not saying we should pay sky high wages but the way in which the payments are formulated needs further examination. All due credit to Micky for taking a cut ( how much can a person spend anyway? ). I've always believed he was worth his salt. All I wanted was that he be remunerated properly.
Can't see why this is a bad thing. As a fan surely you want a player who wants to play for the club over money.
obviously, but then Arsenal is an a huge upgrade/step up to Everton, lol no disrespect, but Everton are broke, and midtable going nowhere/type of club, you know. Fabregas took a pay cut to Join Barcelona (apparently) again a big step up for him.
