Home sports PL clubs agree to consult players over 30% wage cut; pledge £125m support

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PL clubs agree to consult players over 30% wage cut; pledge £125m support

by ace
PL clubs agree to consult players over 30% wage cut; pledge £125m support

Publish Date: Friday April 3, 2020 3:43

Premier League clubs have unanimously agreed to consult their players on a 30% wage deferral to help pay employees who do not play during the pandemic.

It was also recognized that the season could not start in May, with the restart date being kept under constant review.

The league also confirmed an immediate £ 125 million advance to the EFL and the National League.

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“In the face of substantial and continuous losses for the 2019-20 season, since the start of the suspension of matches, and to protect employment during the professional game, Premier League clubs have unanimously agreed to consult their players on a combination of reductions and conditional deferrals in the amount of 30% of the total annual remuneration ”, said a Premier League statement.

“This guidance will be kept under constant review as circumstances change. The league will be in regular contact with the PFA and the union will join a meeting to be held tomorrow between the league, players and club representatives. "

On the subject of restarting the season, the statement said: “It has been recognized that the Premier League will not resume in early May – and that the 2019-20 season will only return when it is safe and appropriate to do so.

"The restart date is under constant review with all stakeholders, as the impact of the COVID-19 pandemic develops and we work together in this very challenging period."

The Premier League also announced its intention to help the EFL and the National League, with the clubs most affected by the loss of revenue from the day.

"There have also been discussions about financial relief for clubs in the short term and, although there is no single solution, measures must be taken to deal immediately with the impact of declining cash flow," the statement said.

"Critically, the league voted unanimously to advance £ 125 million in funds to the EFL and the National League, as it is aware of the serious difficulties that the football pyramid clubs are currently experiencing."

Another £ 20 million will be committed to the NHS and others left vulnerable by the pandemic.

The statement added: “This includes a direct financial contribution to the NHS and funds to allow clubs to focus their efforts and develop meaningful outreach programs to help communities, including those most in need. This financing will allow immediate and long-term support during the crisis. "

The F365 Show is on hiatus until football returns. subscribe now ready for your glorious return. In the meantime, listen to the last episode of the Planet Football podcast in the 2000s, The Broken Metatarsal.

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