Essendon CEO Xavier Campbell has issued a public apology to the club's playing list in the fallout from last Friday's pay cut dilemma, per SEN.

The club issued an email to their playing group late last week announcing that nine per cent of their November wages were set to be withheld in line with the league's cuts to the salary cap.

Campbell used the club's official website as the platform for his concession on Tuesday.

“I have apologised to the players for how this matter was handled,” Campbell said.

“We should have done it better, we needed to do it better, and we will do it better moving forward.

“In recent days, I have had productive discussions with members of the leadership group and playing group, including captain Dyson Heppell, and the players are aware the club was not acting with any ill-intent.

“I'd like to thank the players for their understanding. We look forward to working through this with them over the coming weeks to finalise the process.”

According to SEN, the Essendon playing list has been paid in full for last month following the club's backflip.