Bayern Munich have told their supporters they will subsidise the £62 tickets at Arsenal by putting £74,320 towards the cost.

The European champions said in a statement that they realised the match would make "a big dent in supporters' wallets" and wanted the gesture to be "a small thank you for the great support of followers" in 2013, a year in which matches have come thick and fast as they won the Bundesliga, German Cup, Super Cup, World Club Championship and Champions League.

Bayern have made the 2,974 tickets available at £37 despite already having 18,000 supporters apply for the tickets for the first leg of the Champions League last-16 match at the Emirates on 19 February.

"Both in the past, as well as in the current season, Bayern have thrilled the world of European football not only by the outstanding performance and consistency of our team, but also by the fantastic and vocal support of our fans, with the Uefa Champions League final on 25 May 2013 in London and the Uefa Super Cup final on 30 August 2013 living long in the memory.

"Of particular note is the fact that a large number of Bayern fans not only go to the big occasions, but also attend every away game: and this loyalty means attending a high number of games a great deal of the time, which makes a big dent in supporters' wallets.

"Bayern have therefore decided to subsidise the tickets for the away game at Arsenal with nearly €90,000. Thus meaning every Bayern fan who buys a ticket for the game on 19/02/2014 in London, will pay only €45 (instead of the regular €75). This is intended to represent a small thank you for the great support of the followers in the past calendar year 2013."

Arsenal's ticket prices have been the subject of protests from both home and away supporters in recent seasons. In December the club announced that it would increase prices by 3% next season, in line with inflation.

This article originally appeared on guardian.co.uk