Serie A Recommends Wage Cuts For Players

By Daily Sports on April 7, 2020

Italy’s Serie A soccer league has recommended that clubs impose wage cuts of between two and four months’ pay on playing and coaching staff to reduce losses during the coronavirus outbreak.

After an emergency general assembly by video conference, the league said in a statement on Monday that the stoppage caused by the contagion had left Italian football in a “very difficult” situation leading to an urgent need for a reduction of costs.

It proposed cutting annual wages by one third if Serie A was unable to resume and by one sixth if it was able to restart.

However, it added that each club would have to negotiate the cuts with its players.

Nineteen of Serie A’s 20 clubs voted for the recommendation while Italian champions Juventus abstained, having already reached a separate agreement with their players, a Serie A source said.

Serie A has been suspended since March 9 because of the coronavirus pandemic which has claimed 15,887 lives in Italy, almost a quarter of the global death total.

It is not certain when or even if the season will restart although Italian football federation president Gabriele Gravina said on Sunday that the season, originally due to finish in May, could run until September of October if necessary.

Serie A said the move was “necessary to safeguard the future of the entire Italian football system.

“The intervention... foresees a reduction of one third of the total gross annual salary in the event that it is not possible to resume sporting activity, and a reduction of one sixth... if the remaining matches of the 2019/2020 season can be played in the coming months,” it said.

It added that “the clubs are ready to do their part by incurring huge losses to ensure the future of Italian football” and that the “the main expense for the clubs is represented by the payroll.”

European soccer’s governing body Uefa has urged all national leagues to try and complete the season, warning that clubs from competitions which are abandoned may be barred from the Champions League and Europa League next season. (Reuters)

•PHOTO: Serie A players

 

Source Daily Sports

Posted April 7, 2020


 

You may also like...
Federal Government plans grand reception for winning Team...

Ibrahimovic ends Sweden career in defeat

NPFL: Benin Arsenal fire blank against Scorpions

Juventus Captain Chiellini Needs Surgery after ACL Injury...

Lookman’s dad thrilled with son’s goal

Balotelli on target as Nice extend lead

 

Latest News Rivers Saga: Don’t Beg Wike, We Will Show FG – Rivers Elders To Fubara Over 100 racers for 2025 Ondo Auto Rally NPFL: Remo open 12-point gap after Plateau win Court Judgement: Adeyanju Commends Fubara, Says Wike’s Personal Interest Must Not Prevail Supreme court judgement on Rivers state setting Nigeria’s democracy on a dangerous path – Obi warns Tinubu 2025 Session of the Ondo Auto Rally to Rev Up Ilara-Mokin on April 19. Osimhen keen on Old Trafford switch Isaac: Son of ex-Flying Eagles captain, Promise, following father’s footsteps Rivers Hoopers drawn in BAL Kalahari Conference Joshua does not want rematch with ‘menace’ Parker – Promoter Aruna suffers defeat in Africa Cup final United in pole position to land Osimhen

 

Most Read Rangers International going, going . . . (55,333 views) Amaju Pinnick: A cat with nine lives (46,478 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (44,504 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (44,140 views) Sports Development: Zenith Bank on the zenith (44,106 views) Current issues in Nigerian sports: Matters arising (44,099 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (43,907 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (43,454 views) Olopade, BET9A wave of revolution in NNL (42,545 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (41,204 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (39,643 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (39,070 views)

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media