The incredible package, which is believed to have been formalised last summer after lengthy negotiations, was agreed to compensate the Spaniard for his relatively ‘below-par’ salary.
It made Fabregas the highest-paid player in
In 2006, Fabregas signed an eight-year contract, which was worth an initial £60,000-per-week with annual increments built in.
But the player and his agent Darren Dein began talks in 2008 to renegotiate the terms of the deal with the club to reflect his growing status as one of the finest young players in the world.
The board were so desperate to hang on to the player they signed from
The result was the player received a one-off sum, equivalent to a signing-on-fee, of around £3m, which was effectively £1.5m, or £30,000-a-week, for each of those two years.
“Arsenal were so desperate to keep him,” said a boardroom source. “He has become the club’s talisman and the figurehead for the new generation. His status is similar to what Thierry Henry’s once was.
“Fabregas and his advisers know they have the club over both barrels.”
Big earners | Fabregas deal surpassed Henry's
The former
Henry received a £5m signing-on fee when he put pen to paper on the four-year deal, which was topped up by a £5m salary.
Although there was anger among some of the directors that the signing-on fee had not been spread out over the entirety of the contract, it appears that the board have been forced into a similarly tight corner with Fabregas.
Nevertheless,
It has taken the player near to the top of Europe’s high-pay league and has made him comfortably the highest earner at the club, above manager
“Arsenal have been loyal to Fabregas and believe he will be loyal to them,” added the insider. “They know he can earn equally good money, if not better, elsewhere but there are two things in Arsenal’s favour.
“Fabregas is in awe of Arsene Wenger because he feels he owes his career to him and he is also a pragmatic man. He knows that he is young and
Although Arsenal’s transfer spending has been constrained by the construction of Emirates Stadium, that has not stopped them sanctioning big wage hikes for many of their players.
Seventeen players have been given improved contracts this season and the wage bill is believed to have increased to £115m, the third highest in the
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