Premier League clubs ask footballers to take 30% pay cut

The Premier League clubs have asked its players to take a 30% cut to their annual pay, while they decided not to resume the matches in May, as coronavirus pandemic is causing a cash crunch in the national game.

On Friday, the 20 clubs in English football’s top tier announced they had “unanimously agreed to consult their players regarding a combination of conditional reductions and deferrals amounting to 30% of total annual remuneration”. 

Footballers come under fire in the last weeks by politicians, because their demands to accept wage reductions. UK health secretary Matt Hancock said on 2nd April that soccer players should “take a pay cut and play their part”.

Read more: Barcelona to cut player wages by up to 70% during lockdown

Last week footballers at other leading European clubs agreed temporary wage reductions. Spain’s Barcelona agreed to cuts of 70%, Germany’s Bayern Munich 20%, while at Juventus in Italy, players have waived their salaries for four months.

At the meeting, it was also acknowledged that the Premier League season could not begin in May, with the restart date to be kept under constant review. The Premier League also confirmed an immediate advance of UK£125 million (US$152.8 million) to the English Football League, the three professional tiers below the top flight, and the semi-professional National League body.

“In the face of substantial and continuing losses for the 2019-20 season since the suspension of matches began, and to protect employment throughout the professional game, Premier League clubs unanimously agreed to consult their players regarding a combination of conditional reductions and deferrals amounting to 30% of total annual remuneration”, a statement from the Premier League read.

Read more: Ronaldo and Juventus squad get their salaries cut by €90 million

“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 which will be held tomorrow between the league, players and club representatives”.

On the subject of the season restarting, the statement said: “It was acknowledged that the Premier League will not resume at the beginning of 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 through this very challenging time”.

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