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 these incredibly challenging times," said Watford chairman and CEO Scott Duxbury. The Hornets were 17th in the Premier League, outside the relegation zone only on goal difference when matches were indefinitely suspended due to the public health crisis. "Nobody, wherever they work, is keen on the idea of a pay cut, so there's a bit of common sense and a good level of understanding has prevailed to get to a pay deferral over the short term," said captain Troy Deeney.

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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 …

Premier League clubs spent £272MILLION on agents' fees in 2021-22
2 years, 9 months ago

Premier League clubs spent £272MILLION on agents' fees in 2021-22

Daily Mail  

Football's post-Covid reset would appear to be a fast fading concept after figures released on Thursday revealed payments made to agents by Premier League clubs have reached record levels. For huge chunks of that year, Premier League games were being played behind closed doors due to Covid but clubs like Manchester City, United and Chelsea funnelled £35m, £29m and £28m …

Watford’s plans to redevelop Vicarage Road accelerating after promotion
3 years, 8 months ago

Watford’s plans to redevelop Vicarage Road accelerating after promotion

New York Times  

Watford’s aims to rebuild on the pitch and off it are gathering pace. Last month planning documents outlining further details of a new 33,000-seat stadium on the site of Bushey Hall Golf club in Hertfordshire were revealed but it’s understood the priority for the football club is to explore solutions on their doorstep rather than moving away. The repurposing of …

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 …

Premier League: League-leaders Tottenham report annual losses of $85.4 million amid COVID-19 pandemic
4 years, 1 month ago

Premier League: League-leaders Tottenham report annual losses of $85.4 million amid COVID-19 pandemic

Firstpost  

In 2018-19, Tottenham made a profit of 68.6 million pounds during their first partial season in their new 1.2 billion-pound stadium. London: Premier League leaders Tottenham has reported annual losses of 63.9 million pounds due to the coronavirus pandemic and fans being shut out of stadiums. If coronavirus restrictions prevent supporters returning this season, which runs through May, Tottenham fears …

Tottenham loses more than $85M, debt climbs due to pandemic
4 years, 1 month ago

Tottenham loses more than $85M, debt climbs due to pandemic

Associated Press  

LONDON — Premier League leader Tottenham has reported annual losses of 63.9 million pounds due to the coronavirus pandemic and fans being shut out of stadiums. “We are currently in the midst of one of the most challenging times ever experienced,” Tottenham chairman Daniel Levy said Monday, announcing the financial results for the fiscal year ending June 30. If coronavirus …

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 …

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 …

Coronavirus Outbreak: Watford becomes latest Premier League club to oppose resumption of season
4 years, 8 months ago

Coronavirus Outbreak: Watford becomes latest Premier League club to oppose resumption of season

Firstpost  

Scott Duxbury, CEO of Watford, says at least six clubs are against the plans — 14 of the 20 need to vote in favour for the proposals to be agreed Manchester: The chief executive of Premier League club Watford has said that plans to resume the season at neutral venues are unfair and that there could be enough clubs in …

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 …

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 …

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 …

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 …

Premier League eyeing resumption of season on June 8
4 years, 8 months ago

Premier League eyeing resumption of season on June 8

The Hindu  

The English Premier League are 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 its first ever EPL title. The Times …

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 …

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 …

COVID-19: Sheffield United players defer wages till end of 2020
4 years, 8 months ago

COVID-19: Sheffield United players defer wages till end of 2020

The Hindu  

Sheffield United players will defer part of their wages until the end of 2020 to help the Premier League club ride out the economic storm caused by coronavirus. Southampton and West Ham have agreed wage deferrals, while Arsenal became the first Premier League club to reach a deal on pay cuts with players taking 12.5 percent less for a year. …

Coronavirus: Sheffield United manager Wilder takes wage deferral
4 years, 8 months ago

Coronavirus: Sheffield United manager Wilder takes wage deferral

The Hindu  

Sheffield United manager Chris Wilder said on Monday that he has agreed a deferral in wages and bonus payments to ease the financial pressure from the coronavirus pandemic. Wilder is joining Blades chief executive Stephen Bettis and senior members of the coaching staff in taking deferrals that are set to last for six months. “I've had similar experiences of cash …

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 …

Coronavirus: Premier League's transfer market bubble set to burst
4 years, 8 months ago

Coronavirus: Premier League's transfer market bubble set to burst

The Hindu  

The financial squeeze put on Premier League clubs by the coronavirus crisis could be felt across the continent in the coming months as the well to fund massive transfer fees runs dry. “If you're trying to get 30 percent pay cuts from existing players, you may have to put a transfer embargo in place,” former Manchester United captain Gary Neville …

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: Premier League club Bournemouth reverse furlough
4 years, 8 months ago

Coronavirus: Premier League club Bournemouth reverse furlough

The Hindu  

Bournemouth has become the latest Premier League club to reverse its decision to furlough non-playing staff under the UK government's coronavirus job retention scheme. READ | "However well-placed our intentions were, we are aware of criticisms levelled at Premier League clubs applying for this scheme," a club statement read. Newcastle United and Norwich City are the other Premier League clubs …

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 …

Spurs reverse decision to furlough non-playing staff after fan opposition
4 years, 8 months ago

Spurs reverse decision to furlough non-playing staff after fan opposition

Deccan Chronicle  

London: Tottenham Hotspur have reversed their decision to furlough staff during the coronavirus pandemic amid criticism from supporters, the Premier League club said in a statement on Monday. Tottenham Hotspur Supporters’ Trust had said the club’s decision to use the government scheme, where employers can claim for 80% of furloughed staff’s monthly wages up to 2,500 pounds per month - …

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 …

Coronavirus: West Ham players defer wages, owners invest £30m in club
4 years, 8 months ago

Coronavirus: West Ham players defer wages, owners invest £30m in club

The Hindu  

West Ham's players have agreed to defer a percentage of their wages during the coronavirus pandemic. will support the entire infrastructure of the club and enable us to retain jobs and continue to pay 100 per cent of staff salaries," the statement read. Captain Mark Noble said: "At West Ham United, we are one team and our priority reflects the …

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 …

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 …

Premier League wage row risks undermining good work: UK minister
4 years, 9 months ago

Premier League wage row risks undermining good work: UK minister

Deccan Chronicle  

Manchester: The British government’s Culture Secretary, whose department has responsibility for sport, warned the game should be “thinking very carefully about their next steps”, as the row over player wage cuts rumbles on. Writing in the Telegraph newspaper, Culture Secretary Oliver Dowden said the stand-off between the PFA and the Premier League on wage cuts was “deeply concerning, especially at …

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 clubs facing pressure as Julian Knight MP calls for windfall tax if wages aren't cut
4 years, 9 months ago

Premier League clubs facing pressure as Julian Knight MP calls for windfall tax if wages aren't cut

Daily Mail  

DCMS Committee Chair Julian Knight is calling for a windfall tax to be imposed on Premier League clubs that refuse to cut the salaries of highly-paid star players while cutting pay of non-playing staff on furlough. A windfall tax would allow the Treasury to recover from Premier League clubs a substantial proportion of the money paid out to players which …

Coronavirus: Eddie Howe first Premier League boss to take pay cut
4 years, 9 months ago

Coronavirus: Eddie Howe first Premier League boss to take pay cut

The Hindu  

Bournemouth’s Eddie Howe became the first Premier League manager to take a voluntary pay cut due to the coronavirus on Wednesday. Cherries boss Howe, 42, agreed to take a “significant” cut to his reported £4 million-per-year contract to help offset the financial damage caused by the pandemic. Read: But Howe, chief executive Neill Blake, first team technical director Richard Hughes …

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 …

Coronavirus: Tottenham cuts non-playing staff wages by 20 per cent
4 years, 9 months ago

Coronavirus: Tottenham cuts non-playing staff wages by 20 per cent

The Hindu  

Tottenham have reduced the wages of non-playing staff by 20 percent for the next two months, with chairman Daniel Levy hoping players will follow suit due to the financial crisis caused by coronavirus. Read: The worst passing stats in Europe's top-five leagues in 2019-20 “Having already taken steps to reduce costs, we ourselves made the difficult decision, in order to …

English football chiefs set for 'difficult' coronavirus decisions
4 years, 9 months ago

English football chiefs set for 'difficult' coronavirus decisions

Deccan Chronicle  

London: England's Premier League, Professional Footballers' Association and Football League are steadying themselves for some "difficult decisions" amid the coronavirus outbreak as they try to see if there is a way of restarting the season. "The Premier League, EFL and PFA met today and discussed the growing seriousness of the Covid19 pandemic," they said in a joint statement. "The Premier …

Lockdown: Barcelona may cut player wages by upto 70%
4 years, 9 months ago

Lockdown: Barcelona may cut player wages by upto 70%

The Hindu  

Due to the coronavirus lockdown in Spain, renowned football club Barcelona is considering a pay cut of up to 70 per cent for all the footballers. The cut is likely to affect both the men’s and women’s football teams, the B team, the Under-19 team along with the support staff, according to a report in The Guardian. The report further …

Coronavirus: EFL clubs worried about losing key loan players if season extends into the summer
4 years, 9 months ago

Coronavirus: EFL clubs worried about losing key loan players if season extends into the summer

Daily Mail  

Football League clubs are grappling with how to ensure key loan players stay with them if the season resumes in the summer. A number of Football League clubs are aiming to keep key loan players if the season extends Slaven Bilic has West Brom on course for promotion with the help of some integral loanees Although the loan agreements for …

Premier League season 'may not finish', says FA chief
4 years, 9 months ago

Premier League season 'may not finish', says FA chief

The Hindu  

Football Association chairman Greg Clarke has reportedly told the Premier League he does not believe the domestic football season will be completed because of the coronavirus pandemic. “It was unanimously decided to suspend the Premier League with the intention of returning on 4 April, subject to medical advice and conditions at the time,” the Premier League said in a statement. …

Watford could play four times in nine days after FA Cup replay postponement
4 years, 11 months ago

Watford could play four times in nine days after FA Cup replay postponement

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. Tuesday night’s scheduled fixture fell victim to Storm Brendan as heavy rain …

Tottenham stars to pay for missing out on top four and failure to qualify for Champions League
5 years, 3 months ago

Tottenham stars to pay for missing out on top four and failure to qualify for Champions League

Daily Mail  

Tottenham players face a reduction in wages and a loss of bonuses if they fail to qualify for next season’s Champions League. Tottenham players will lose out if they fail to qualify for next season’s Champions League The loss at the Amex Stadium leaves Spurs in ninth place in the Premier League with just three wins and a draw after …

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