Arsenal had made arrangements for a possible relegation from the Premier League, the UK Telegraph reports.
The Gunners are presently 15th on the table, after picking up 14 points from their opening 14 fixtures.
Mikel Arteta’s side sits four points above the relegation spots and needs to plug a seven-point gap to return to the top half of the table.
While relegation still feels a farfetched possibility, Arsenal has contingency plans in place if they do go down.
A number of players would face huge pay cuts if the club was to drop down to the Championship.
It has emerged that the club has inserted relegation clauses into players’ deals.
Several payers will be obliged to take a 25% pay cut if they go down.
Arsenal has not been relegated since the 1912/1913 season when they finished bottom of the old First Division.