The AFL and the players' union have failed to sign an agreement over a new deal for players.

Despite the league and the AFL Players' Association (AFLPA) both recently expressing confidence Monday's deadline would be met, the parties were unable to sign off on a new deal for payments for the 2007-11 seasons.

AFLPA chief executive Brendon Gale could not be contacted, but an AFL spokesman confirmed an agreement had not yet been reached.

The spokesman said the deal would be finalised "very soon".

The league and union have reportedly reached an agreement in principle over granting players a seven per cent pay increase for next year, which would raise player payments from $6.47 million to $6.92 million per club in 2007.

The two parties have also reportedly agreed for players to receive a seven per cent pay increase in 2008, with three per cent increases to be granted in each of the 2009-11 seasons.

The AFL board is likely to inform clubs once it has signed the deal with the AFLPA, and an announcement is expected later this week.

The new pay period will coincide with the next television broadcasting agreement of $780 million, which the AFL has signed with the Seven and Ten networks.

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