Pitcher15 wrote:First time user. I am a friend of a friend of a current player .got chatting yesterday and he told me they and the manager were asked to take a pay cut to help the club out in these testing times.. First it was 65% then 50% but they all refused!! he said that if the club was struggling that much why are they still making our money up to full pay after being furloughed. Probably the only club in our league and mostly league 1 doing it?
Hmmm, I believe you are thinking in the now. Sounds to me like the club is looking forward to 2020/21 having no, or highly reduced gate receipts. In terms of financial fair play and in terms of club solvency if we don't have the income to pay current wages over the 20/21 season then changes need to happen. If players don't want to play their part through reductions, then anyone out of contract will likely be jettisoned, which I believe has happened. That's
Yes the club in the short term furlough situation can afford to pay a percentage of the wage, but when that Government support goes away, when players return to work and are playing, we are going to be in deep Trouble very quickly without match day revenue. This is probably why the club have allegedly (as posted by OP) asked for reductions. If next season we have 60% revenue then the wage bill has to be sliced by 60%.
Yes the club could sell viewing through online Providers, but that income will never gross as much over a season at our level as bums on seats. League Teams are probably contracted to 'i follow, and that hasn't produced huge amounts for the club. Watched Bundeliga with empty stadiums. No atmosphere makes a very sterile product.