The Community Shield is up for grabs at Wembley this afternoon (Picture: Eddie Keogh – The FA/The FA via Getty Images)

Arsenal and Manchester City renew their rivalry this afternoon in the Community Shield 2023 at Wembley.

The traditional curtain raiser represents the first piece of silverware on offer for the season and the result could set the tone for the early weeks of the Premier League title race.

City pipped the Gunners to last season’s title and owing to their incredible treble in 2022/23, the Community Shield is the first of seven trophies on offer to the European champions this term.

Arsenal, meanwhile, will be hoping to use the match as a catalyst as they aim to win their first Premier League title since 2004.

Let’s take a look at the rules for this afternoon’s showpiece under the famous arch, including what happensif the match finishes as a draw, how many substitutes will be allowed and how much prize money will be on offer.

Does the Community Shield have extra-time?

In the event the Community Shield finishes level after normal time, the game will head straight to penalties.

Manchester City can win an incredible seven trophies this season (Picture: Tom Flathers/Manchester City FC via Getty Images)

The fact there is no extra-time will be a huge relief for Mikel Arteta and Pep Guardiola, with their players still building up to full fitness ahead of the start of the Premier League next week.

Since 2017, three of the past six Community Shield games have finished as a draw.

Why are Arsenal playing?

As Manchester City won the Premier League and FA Cup last season as part of their historic treble, Arsenal have been drafted in to play Guardiola’s men courtesy of their runners-up spot in the league last season.

How many substitutes will be allowed?

Both managers will be able to make six substitutions during the game.

This is one more than the usual 5 subs permitted in other domestic competitions.

What is the prize money for the Community Shield?

Unusually for a final, prize money is shared evenly between both clubs.

Last year’s game saw Manchester City and Liverpool awarded £625,000 with a similar amount expected this time around.

Profits from the match are distributed to community initiatives and charities around England.

Revenue from gate receipts and match programmes is shared between the 124 clubs who entered the FA Cup from the first round onwards.

This is further distributed to charities and projects of their choosing with the remaining money given to the FA’s charity partners.

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The first trophy of the season is up for grabs.