Mesut Ozil taking £280k-a-week pay CUT to seal Fenerbahce transfer from Arsenal but could land £670k bonuses this season

MESUT OZIL is reportedly taking a massive £282k-a-week pay CUT to seal a move to Fenerbahce from Arsenal.

Spanish outlet claim the playmaker is set to sign a three-and-a-half-year contract with a salary of £3.5million a year.

1

That would see Ozil rake in just £68k a week - a huge decline on the £350,000 he was pulling in as Arsenal's top earner.

Yet the report adds that the German could potentially scoop a huge amount in performance-related bonuses with the Turkish giants.

⚽ Read our Arsenal live blog for the latest news from The Emirates

Ozil will be handed an extra £445,000 if he helps Fenerbahce to a first league title since 2014 - with Erol Bulut's side currently second in the table.

The Yellow Canaries are also amid their second consecutive season without European football but a return to the Champions League would net their incoming signing another £222k.

Ozil has already reached an agreement with Emirates bosses to terminate his Arsenal contract — due to expire this summer — after waiving a chunk of his remaining £7m salary.

The 2014 World Cup winner is desperate to play football again after being frozen out by Arsenal boss Mikel Arteta since March.

And talks between Ozil, 32, his agent Erkut Sogut and Gunners technical director Edu agreed the player can end his exile and join Fenerbahce as a free agent.

SunSport previously revealed that the ex-Real Madrid ace agreed to give up a portion of his remaining salary so he could leave Arsenal on good terms.

Most read in Football

On yer way

Andre Onana sensationally told to QUIT Man Utd by ex-star after nightmare errors

GRINCH KYLE

Love rat Kyle Walker didn't give Xmas gifts to his kids with Lauryn Goodman

JOR NOT PLAYING WELL

Reason Jorginho lost form after fiancee's showdown with beautician

AMOR NEEDED

Seven Man Utd deals that may happen in January as Amorim faces desperate fight

CASINO DEALS: BEST SIGN UP OFFERS TO CLAIM OVER £700

Last year, Ozil made headlines after he refused to take a 12.5 per cent cut in following the outbreak of the coronavirus pandemic.

Yet the man himself revealed he rejected Arsenal's proposal as it was 'rushed' - and claimed that could be why he was dropped.

Ozil is the most decorated Arsenal player of the Emirates era, winning four FA Cups during his seven and a half years in north London.