By Daily Sports on March 25, 2020
Footballers at Germany’s top teams including Bayern Munich have agreed to take pay cuts to help other clubs survive the economic impact of the coronavirus, media reports said Tuesday.
Newspaper Bild reports that players and club officials at champions Bayern, top of the Bundesliga when the Bundesliga season was halted on March 13, have accepted a 20 percent cut in their salaries.
Like all top European leagues the German top flight is losing income from broadcasting, sponsorships and ticket sales during the COVID-19 pandemic, with matches in Germany suspended until at least April 2.
Bayern has a massive wage bill which reached 336 million euros (364 million dollars) last year, almost half of club turnover.
Players at Borussia Moenchengladbach were the first in the Bundesliga to propose a pay cut, followed by others at Werder Bremen and Schalke 04. Borussia Dortmund and Bayer Leverkusen players are in talks over pay cut proposals with management.
At Dortmund – second in the Bundesliga – coach Lucien Favre has made a personal offer to take a pay cut while players are negotiating a 20 percent salary reduction if the season does not restart or a 10 percent cut if play resumes behind closed doors, when clubs will at least earn income from TV rights. (AFP)
•PHOTO: Bundesliga clubs
Source Daily Sports
Posted March 25, 2020
You may also like...
Milan Seek New left-back from Chelsea
Aspinall upgraded to undisputed UFC champion as Jones...
Kayode’s hat-trick delights Şanlıurfaspor
Nigerian Women Football Plans revealed
5 Foreign-Based Brothers Sponsor Highly-Prized Youth Football Tournament,...
UCL: Mbappe determined to carry PSG past Bayern...

Brume, Okezie join global stars for Kip Keino Classic
NPFL confirms May 24 season end date
NCF proposes elite cricket league
Trump envoy wants Italy to replace Iran at World Cup — Report
Gala intensify Osimhen’s special recovery plan
Core Afrique stages first NBF-sanctioned pro event
Professional, amateur golfers tee off at landmark Edo event
Ndidi resumes training after injury layoff
NPFL halts season for Federation Cup
National school volleyball championships begin in Lagos
AFN opens World Relays camp in Lagos
NOC Mourns Galadima, Describes Late Administrator As ‘Principled Visionary’
Rangers International going, going . . . (63,719 views)
Amaju Pinnick: A cat with nine lives (55,047 views)
Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,970 views)
Current issues in Nigerian sports: Matters arising (52,564 views)
Sports Development: Zenith Bank on the zenith (52,495 views)
Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,396 views)
Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,249 views)
NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,792 views)
Olopade, BET9A wave of revolution in NNL (50,984 views)
Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,491 views)
Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,903 views)
John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,369 views)