Chelsea opt against pay cut; Aston Villa defer 25 percent salaries
4 years, 8 months ago

Chelsea opt against pay cut; Aston Villa defer 25 percent salaries

Deccan Chronicle  

London: Chelsea have said they will not impose a pay cut on their first-team squad in response to the coronavirus outbreak. But that has not stopped the Stamford Bridge side from taking their own course of action as they highlighted the #PlayersTogether initiative launched by Premier League players earlier this month, which aims to raise and distribute funds for charities supporting Britain's state-run National Health Service. "We are grateful to the team for having played their role in assisting the club with community activities as well as all the charitable causes they have been supporting in their respective home countries and through the Players Together initiative supporting the NHS," said a club statement. The Blues also said they would not be taking advantage of the UK government's coronavirus job retention or furlough scheme, with casual workers and matchday staff being compensated by the club through to June 30. But the Premier League strugglers added they would not be furloughing staff, with chief executive Christian Purslow saying: "Our players and staff feel great solidarity with the many clubs in the football pyramid who have financial problems.

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History of this topic

What is Premier League’s reportedly new spending cap and how is Man City involved?
8 months, 1 week ago

What is Premier League’s reportedly new spending cap and how is Man City involved?

The Hindu  

Premier League clubs have reportedly agreed in principle to introduce a spending cap to limit the gap in financial muscle between sides at the top and bottom of the English top flight. The Athletic reported “the anchoring” plan will be capped at five times the lowest earning side receives via the Premier League’s broadcast deals. Critics of a cap on …

Chelsea wage bill rises to second highest in the Premier League
8 months, 3 weeks ago

Chelsea wage bill rises to second highest in the Premier League

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chelsea’s wage bill rose to more than £400million …

Jose Mourinho has taken a £3.5m-a-year PAY CUT to join Roma
3 years, 8 months ago

Jose Mourinho has taken a £3.5m-a-year PAY CUT to join Roma

Daily Mail  

Jose Mourinho has taken a significant pay cut to become Roma's new manager, earning £3.5million per year less than he did at Tottenham. Jose Mourinho has taken a pay cut to become Roma's new manager, earning £6.5m per year But Mourinho has taken a drastic pay cut to return to Serie A, earning £6.5m per season in the Italian capital. …

English second-tier club secure more than USD 160M in funding
3 years, 9 months ago

English second-tier club secure more than USD 160M in funding

The Hindu  

England's second-tier Championship secured a funding package worth more than USD 160 million that will enable club to meet their tax liabilities amid a downturn in revenues during the pandemic. There have been no spectators for matches in the division for the equivalent of a full season since the coronavirus outbreak, meaning clubs in the 24-team league have lost around …

English Football League secures $160M in funding for Championship clubs amid coronavirus-led financial crisis
3 years, 9 months ago

English Football League secures $160M in funding for Championship clubs amid coronavirus-led financial crisis

Firstpost  

England’s second-tier Championship secured a funding package worth more than $160 million on Monday that will enable clubs to meet their tax liabilities amid a downturn in revenues during the pandemic. There have been no spectators for matches in the division for the equivalent of a full season since the coronavirus outbreak, meaning clubs in the 24-team league have lost …

Barcelona are handed a £342m WAGE CAP by LaLiga - £77m less than rivals Real Madrid
4 years, 1 month ago

Barcelona are handed a £342m WAGE CAP by LaLiga - £77m less than rivals Real Madrid

Daily Mail  

Barcelona's wage cap has been reduced from £601million to £342m in the wake of the financial pressures caused by the Covid-19 pandemic. Barcelona's player wages took up around 61 per cent of the club's £940m income before the coronavirus pandemic took hold, meaning their current wage bill stands at around £573m. LaLiga have reduced Barcelona's wage cap for this season …

Lower-division clubs reject Premier League bailout
4 years, 2 months ago

Lower-division clubs reject Premier League bailout

India TV News  

The rifts in English football grew Thursday when lower-league clubs rejected a proposed rescue package of 50 million pounds from the Premier League as they seek more cash without conditions. The money is on top of 27.2 million pounds already advanced in solidarity payments, but the English Football League said the bailout was insufficient while insisting that clubs in the …

Lower-division football clubs reject Premier League's 50 million pounds bailout package
4 years, 2 months ago

Lower-division football clubs reject Premier League's 50 million pounds bailout package

Firstpost  

A package of loans and grants was offered to clubs in tiers three and four, which are struggling without matchday income due to coronavirus. The rifts in English football grew Thursday when lower-league clubs rejected a proposed rescue package of 50 million pounds from the Premier League as they seek more cash without conditions. The money is on top of …

Premier League asked by government to help struggling clubs - Football News - Sportstar
4 years, 3 months ago

Premier League asked by government to help struggling clubs - Football News - Sportstar

The Hindu  

The British government increased the pressure on the Premier League on Sunday to provide financial assistance for football clubs struggling financially in lower divisions, with supporters still not allowed into stadiums. Premier League clubs will hold a virtual meeting on Tuesday to discuss whether to provide further funds to the English Football League, which features 72 clubs across three divisions. …

Premier League clubs see duty to help struggling lower-level sides - Football News - Sportstar
4 years, 3 months ago

Premier League clubs see duty to help struggling lower-level sides - Football News - Sportstar

The Hindu  

Chelsea has spent more than any other English Premier League team in a summer transfer window at well over $300 million. "Now when the rate is going up and fans aren’t coming in, it’s even worse for football and society in general,” Manchester United manager Ole Gunnar Solskjaer said. and it’s not a nice situation to be in.” The English …

Big-spending Villa faces tough task to stay up, says former Liverpool captain
4 years, 6 months ago

Big-spending Villa faces tough task to stay up, says former Liverpool captain

The Hindu  

Aston Villa faces an uphill task to retain its Premier League status and its heavy spending on players during the close season has failed to have the desired impact, according to former Liverpool captain Graeme Souness. READ| “Villa have only 10 games now to prove that they should remain a Premier League side next season and it's not going to …

Derby County thanks Rooney after agreeing on wage deferral
4 years, 8 months ago

Derby County thanks Rooney after agreeing on wage deferral

The Hindu  

Derby County has thanked captain Wayne Rooney for the leading role he played in the club agreeing on a wage deferral with players to help the English Championship club survive the coronavirus crisis. Manager Phillip Cocu, his coaching staff, executives and non-playing staff have also deferred part of their salary. “First team players have voluntarily agreed on a substantial deferral …

Derby thank Rooney for his role in wage deferral deal
4 years, 8 months ago

Derby thank Rooney for his role in wage deferral deal

Deccan Chronicle  

London: Derby County have thanked captain Wayne Rooney for the leading role he played in the players agreeing a wage deferral with the club to help the English Championship club survive the coronavirus crisis. "First team players have voluntarily agreed a substantial deferral that is considerably more than has been reported in the media, while Phillip Cocu and his coaching …

Aston Villa players, coaches accept 25 per cent wage cut
4 years, 8 months ago

Aston Villa players, coaches accept 25 per cent wage cut

The Hindu  

Aston Villa players, coaches and senior management have agreed to a 25 per cent wage deferral for four months to assist the club financially during the coronavirus pandemic. Although Norwich City and Newcastle United continue to take advantage of that job retention scheme for some employees, Villa have ensured all non-football staff will be paid in full thanks to the …

Premier League giant Chelsea to not impose pay cut on players
4 years, 8 months ago

Premier League giant Chelsea to not impose pay cut on players

India TV News  

English Premier League team Chelsea says it will not impose a pay cut on its first-team squad and instead will ask players to continue their support for charities during the coronavirus pandemic. Highlighting the PlayersTogether initiative launched by Premier League players earlier this month which aims to raise and distribute funds for National Health Service charities, Chelsea told its stars …

Chelsea players asked to support 'charitable causes'
4 years, 8 months ago

Chelsea players asked to support 'charitable causes'

The Hindu  

Chelsea's first-team squad has been asked to support "charitable causes" instead of contributing to the club financially during the coronavirus pandemic. With respect to the playing staff, Chelsea's statement read: "Representatives of the Chelsea board have recently held extensive talks with the men's first-team to discuss how they can contribute financially to the club during the coronavirus crisis. "At this …

Premier League comes up with concrete proposals, set for June 8 start: report
4 years, 8 months ago

Premier League comes up with concrete proposals, set for June 8 start: report

Deccan Chronicle  

London: The English Premier League is eyeing a resumption of the season on June 8, behind closed doors due to the coronavirus pandemic, and reaching a climax on July 27, according to The Times. The Premier League has 92 games remaining since it suspended the season on March 13 with Liverpool agonisingly close to their first ever EPL title. The …

How much will Chelsea save after 10% salary cut and could cash help finance arrival of Coutinho?
4 years, 8 months ago

How much will Chelsea save after 10% salary cut and could cash help finance arrival of Coutinho?

Daily Mail  

Chelsea have become the second Premier League club to agree a series of salary-cuts with their players after London rivals Arsenal. As revealed by Sportsmail last week, Chelsea players have negotiated a 10 per cent pay cut, which will last for four months. Chelsea players have agreed to take a 10 per cent salary cut over the next four months …

Premier League: Watford agrees player wage deferral
4 years, 8 months ago

Premier League: Watford agrees player wage deferral

The Hindu  

Watford became the latest Premier League club to agree a wage deferral with players on Wednesday to help ride out the economic crisis caused by the coronavirus pandemic. They recognised they have a role to play and didn't hesitate in taking a decision for the overall good of the club.” The Hornets were 17th in the Premier League, outside the …

Watford join Premier League clubs to agree player wage deferral
4 years, 8 months ago

Watford join Premier League clubs to agree player wage deferral

Deccan Chronicle  

London: Watford became the latest Premier League club to agree a wage deferral with players on Wednesday to help ride out the economic crisis caused by the coronavirus pandemic. "It is a show of unity which we know our supporters and the wider Watford community will appreciate, and shows an awareness of the need for everybody to pull together in …

Wayne Rooney WAGE WAR: Striker leading Derby players in battle against club's proposed 50% deferral
4 years, 8 months ago

Wayne Rooney WAGE WAR: Striker leading Derby players in battle against club's proposed 50% deferral

Daily Mail  

Wayne Rooney is at the centre of Derby County players' battle against a proposed 50 per cent wage deferral. But Rooney, who is leading talks on behalf of players, informed chief executive officer Stephen Pearce that the squad are only willing to take a 25 per cent deferral. Wayne Rooney is fighting for Derby players in the battle against a …

Chelsea squad agree to take 10% pay cut for four months
4 years, 8 months ago

Chelsea squad agree to take 10% pay cut for four months

Daily Mail  

Chelsea players have virtually agreed a 10 per cent pay cut - but do not have the opportunity to make up their lost cash. As revealed by Sportsmail last week, Chelsea players - led by captain Cesar Azpilicueta - have negotiated a 10 per cent pay cut, which will last for four months. Chelsea players have agreed to take a …

COVID-19: Arsenal players and boss Arteta agree wage cuts
4 years, 8 months ago

COVID-19: Arsenal players and boss Arteta agree wage cuts

The Hindu  

Arsenal has announced that players and coaches have reached an agreement over wage cuts, which will take effect this month. In a statement released on Monday, the Gunners said there had been "positive and constructive discussions" at the club, in which there was "a clear appreciation of the gravity of the current situation caused by the COVID-19 pandemic and a …

Arsenal confirm players and coaching staff have taken 12.5% wage cuts
4 years, 8 months ago

Arsenal confirm players and coaching staff have taken 12.5% wage cuts

Daily Mail  

Arsenal players and manager Mikel Arteta have agreed to cut their wages by 12.5% to assist the club during the coronavirus pandemic. Arsenal stars have accepted wage cuts of 12.5% amid the ongoing coronavirus pandemic Manager Mikel Arteta stressed to his players the importance of making sacrifices last week ARSENAL'S TOP WEEKLY EARNERS Mesut Ozil - £350,000 Pierre-Emerick Aubameyang - …

Premier League clubs that defer wages for players could face spending restrictions next window
4 years, 8 months ago

Premier League clubs that defer wages for players could face spending restrictions next window

Daily Mail  

Premier League clubs who have chosen to defer players' wages face being hit with transfer restrictions if they do not reimburse their stars. Watford are one of a number of clubs which could be hit by transfer restrictions this summer However, according to a report in The Times, those agreements could have a detrimental effect for clubs in the upcoming …

Manchester United 'will not ask stars to take pay cuts or wage deferrals'
4 years, 8 months ago

Manchester United 'will not ask stars to take pay cuts or wage deferrals'

Daily Mail  

Manchester United will not ask players to defer wages or take pay cuts despite the impending loss of over £20million in matchday income. Manchester United will reportedly not ask players to take pay cuts or wage deferrals The Premier League giants face losing out on as much as £21.3million in matchday income There are a minimum of five home games …

Arsenal executives take pay cut as player talks continue
4 years, 8 months ago

Arsenal executives take pay cut as player talks continue

Deccan Chronicle  

London: Arsenal's executive team has agreed to cut more than a third of their salary as the club warned it is facing "one of the most challenging periods" in its history on Wednesday. To soften the economic blow, Premier League clubs have asked players to take a 30 percent pay hit between cuts and deferrals. According to reports, the Arsenal …

Coronavirus: EFL clubs agree to defer 25 per cent wages in April
4 years, 8 months ago

Coronavirus: EFL clubs agree to defer 25 per cent wages in April

The Hindu  

Clubs in the English Football League agreed a deal with players' union the Professional Footballers' Association on Tuesday for 25 per cent of wages to be deferred in April. Many clubs in the three divisions of English football below the Premier League have already reached individual agreements with their squads to defer or cut wages due to the economic crisis …

Wage deferrals of 25% proposed for richer footballers in League One and League Two
4 years, 8 months ago

Wage deferrals of 25% proposed for richer footballers in League One and League Two

The Telegraph  

League One and League Two clubs are proposing 25% wage deferrals to their higher paid players for April, following talks with the Professional Footballers' Association. Negotiations between English Football League board members and the PFA were held on Monday and a short-term measure is close to being agreed as clubs desperately try to buy themselves time. Players earning less than …

West Ham players to make wage deferrals
4 years, 8 months ago

West Ham players to make wage deferrals

Deccan Chronicle  

London: Players at English Premier League side West Ham have agreed to defer part of their wages during the coronavirus suspension while manager David Moyes will take a 30% pay cut. "The savings created by the measures will support the entire infrastructure of the club and enable us to retain jobs and continue to pay 100 per cent of staff …

Southampton first club to defer wages as union pleads for fairness
4 years, 9 months ago

Southampton first club to defer wages as union pleads for fairness

The Hindu  

Southampton on Thursday became the first Premier League club to defer players’ wages as a senior official for their union insisted they were doing their bit for the nation during the coronavirus pandemic. Bobby Barnes, deputy chief executive of the Professional Footballers Association, said players were being demonised by people who ignored the fact many were helping “extended families” at …

Southampton first Premier League club to defer wages as union pleads for fairness
4 years, 9 months ago

Southampton first Premier League club to defer wages as union pleads for fairness

Deccan Chronicle  

London: Southampton on Thursday became the first Premier League club to defer players' wages as a senior official for their union insisted they were doing their bit for the nation during the coronavirus pandemic. The decision comes amid a row about whether Premier League players -- with an average salary of three million pounds -- should be forced to give …

Logical for Real Madrid players to take pay cut, says Toni Kroos
4 years, 9 months ago

Logical for Real Madrid players to take pay cut, says Toni Kroos

The Hindu  

Real Madrid star Toni Kroos said it was logical for players and coaches to take a pay cut amid the coronavirus pandemic. READ | Directors at Madrid also accepted to voluntary reductions in pay for 2019-20 – the pay cuts will be between 10 and 20 per cent "depending on the circumstances that may affect the closing of the 2019-20 …

Real Madrid announce 10 to 20 per cent pay cut for first-team stars
4 years, 9 months ago

Real Madrid announce 10 to 20 per cent pay cut for first-team stars

Daily Mail  

Real Madrid players have agreed to take a pay cut for the rest of the season, the club announced on Wednesday. Madrid issued a statement confirming that: 'Players and coaches from both the football and basketball teams, led by their captains, together with the club's main executives, have agreed to voluntarily lower their salaries for this year between 10 and …

How much income will your Premier League club lose during coronavirus crisis?
4 years, 9 months ago

How much income will your Premier League club lose during coronavirus crisis?

Daily Mail  

Liverpool's position became indefensible before they reversed their decision but that is of little comfort to clubs in the Premier League's lower reaches, who now know that they furlough staff at their peril. Liverpool CEO Peter Moore apologised to fans on Monday and the decision was reversed Liverpool, the 2019 Champions League winners, turned a profit of £42million last year …

Coronavirus: PL clubs must stick together over wage cuts - Foster
4 years, 9 months ago

Coronavirus: PL clubs must stick together over wage cuts - Foster

The Hindu  

Ben Foster believes Premier League clubs must commit to a blanket policy on pay cuts during the coronavirus pandemic, or else it could "get a bit messy". The Premier League called for players to take a 30 per cent pay cut in a statement released on Friday, though the Professional Footballers' Association responded by pointing out such a move would …

Premier League players reject 30 per cent pay cut in standoff
4 years, 9 months ago

Premier League players reject 30 per cent pay cut in standoff

The Hindu  

English Premier League players rejected a move on Saturday by clubs to cut their wages by 30 per cent during the coronavirus pandemic, escalating a bitter public row as their union claimed the government would lose out on more than 200 million pounds in tax. READ: The union's strident stance came after further talks Saturday involving clubs and the league …

Premier League players reject 30% pay cut in standoff
4 years, 9 months ago

Premier League players reject 30% pay cut in standoff

Deccan Chronicle  

London: English Premier League players rejected a move Saturday by clubs to cut their wages by 30% during the coronavirus pandemic, escalating a bitter public row as their union claimed the government would lose out on more than 200 million pounds in tax. Taking on the Premier League as a whole, the PFA said the 20 million pounds being given …

Premier League accused of 'moral vacuum' as clubs cut staff wages
4 years, 9 months ago

Premier League accused of 'moral vacuum' as clubs cut staff wages

The Hindu  

Premier League clubs have been accused of living in a “moral vacuum”, with players urged to take their share of the financial hit from the coronavirus pandemic as non-playing staff begin to feel the pinch. Tottenham chairman Daniel Levy said he hoped discussions between the Premier League and players' and managers' representatives would “result in players and coaches doing their …

Premier League CHAOS: Clubs hold back from slashing wages in fear of star players leaving
4 years, 9 months ago

Premier League CHAOS: Clubs hold back from slashing wages in fear of star players leaving

Daily Mail  

Premier League clubs are holding back from asking first-team players to accept wage cuts or deferrals for fear of sparking a transfer frenzy by breaching their contracts. Premier League clubs are holding back from slashing players' wages over fears of a revolt The coronavirus lockdown on football has had huge financial implications on a host of clubs The Premier League …

Tottenham announces salary cuts as chair's pay rise emerges
4 years, 9 months ago

Tottenham announces salary cuts as chair's pay rise emerges

Deccan Chronicle  

London: Tottenham chairman Daniel Levy says salaries for non-playing staff are being cut due to the coronavirus pandemic as the club has disclosed his pay package more than doubled to 7 million pounds last year. The disclosure on Tuesday about Levy's salary and bonus for the north London club's new stadium being completed came in accounts also published on the …

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