Arsenal chief Ivan Gazidis has taken a pay-cut in the past season.
The Daily Mail says Gazidis has had to take a pay cut with club accounts showing he was paid £1.92m in the last financial year compared to £2.15m previously, with his annual bonus dropping by £275,000.
However, Gazidis is still the third best paid administrator at a Premier League club, behind Manchester United's Ed Woodward and Manchester City's Ferran Soriano.
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