https://www.telegraph.co.uk/football/2020/12/21/arsenal-plan-doomsday-scenario-relegation-premier-league/Arsenal have planned for the doomsday scenario of relegation from the Premier League with a number of players facing big pay cuts if the club goes down.
Unlike Chelsea in 2015, when they were 16th in the Premier League table during December, Arsenal have protected themselves against the financial impact of relegation.
It is understood that many of Arsenal’s traditional rivals do not plan for the threat of relegation by inserting reduction clauses into their players’ contracts, but the practice is relatively common outside the big six.
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Arsenal’s relegation clauses are thought to be relatively new, given the fact many stalwarts of the Arsene Wenger era never had them during their careers.
Arsenal are 15th in the table, four points above the relegation zone, and have not been relegated since the 1912-13 season, when, as Woolwich Arsenal, they finished bottom of the old First Division.