Following ongoing discussions with senior players this week, Essendon has adjusted player payments to ensure 100 per cent of monthly player wages have been paid for the November period.
Chief executive officer Xavier Campbell said the club fully understood the players' disappointment regarding the matter and was committed to working through a smooth transition to the new arrangements with the entire playing group.
"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."