From Soccernet:
The Football League is seeking to stem the tide of relegated clubs running
into huge debt by insisting players accept wage cuts.
WAGES SHAKE UP PROPOSED
Former Premiership clubs have struggled to cope with the financial problems
caused by relegation to the Nationwide League, with Leicester, Ipswich,
Derby and Bradford among those affected recently.
caused by relegation to the Nationwide League, with Leicester, Ipswich,
Derby and Bradford among those affected recently.
The Daily Mail reports that the Football League want the Professional Players'
Union to agree to the inclusion of a clause in all contracts signed after this
summer.
Union to agree to the inclusion of a clause in all contracts signed after this
summer.
The clause would mean a 50 per cent wage cut for relegated Premiership
players and smaller pay cuts for relegation from lower divisions.
John Nagle, head of communications for the Football League, told the paper:
'I don't think the League would suggest players' wages are the sole cause of
the game's financial problems.
players and smaller pay cuts for relegation from lower divisions.
John Nagle, head of communications for the Football League, told the paper:
'I don't think the League would suggest players' wages are the sole cause of
the game's financial problems.
'The differential in wage levels between divisions has now become a genuine
threat to the sustainability of clubs.
threat to the sustainability of clubs.
'There is widespread recognition that something needs to be done to give the
market a fairer balance.
market a fairer balance.
'We believe that divisional pay could be the answer.
'It would stop clubs committing themselves to wages that are completely
unsustainable in the event of relegation in a desperate attempt to remain
competitive in the higher division.'
unsustainable in the event of relegation in a desperate attempt to remain
competitive in the higher division.'
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