Premier League to push for 30% reduction in annual salary of players amid Coronavirus crisis

The spread of the novel Coronavirus or COVID-19 has pummelled the economy bringing lives to a standstill. The Premier League on Friday, April 3 said that its clubs will talk to their players over a proposed 30 per cent cut in their annual salaries due to the financial crisis caused by the global pandemic. It also said that the suspended season will only resume when it was “safe and appropriate”.

As per the latest Global Sports Salaries survey the average salary for a Premier League player is £3 million a year. The league said its clubs “unanimously agreed to consult their players regarding a combination of conditional reductions and deferrals amounting to 30 percent of total annual remuneration”.

The English top flights’ highly-paid players have come under increased pressure to accept pay cuts from government officials as this money would be used to subsidize pay for non-playing staff.

Comments are closed, but trackbacks and pingbacks are open.