x

Italy’s Serie A recommends wage cuts for players, coaches

Italy’s Serie A football 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.

The league added that this had led 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.

But Italian football federation president Gabriele Gravina said on Sunday that the season, originally due to finish in May, could run until September or 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 main expense for the clubs is represented by the payroll.”

European football’s governing body UEFA has urged all national leagues to try and complete the season.

It had warned that clubs from competitions which are abandoned may be barred from the Champions League and Europa League next season.

“The assembly confirmed the desire to play again and finish the season, but without running risks and only when health conditions and government decisions allow,” added the Serie A statement.

Juventus announced on March 28 that coach Maurizio Sarri and his players, including Cristiano Ronaldo, had agreed to a wage cut.

It was a cut which would save the Turin club 90 million euros (79.3 million pounds).(Reuters/NAN)

Hot this week

President Federation Cup: EFCC FC Beats Fire Service FC 1–0

By Francis WilfredThe football team of the secured a...

Monarch Raises Alarm Over Threat to Abducted Women, Children in Kwara Community

The traditional ruler of Woro community in Kaiama Local...

FCTA’s Committed to Strengthening Nursing and Midwifery Practice—Mahmoud

By Joyce Remi- BabayejuThe Minister of State, Federal Capital...

2026 Hajj : FCT Pilgrims Board Holds 4th Orientation Phase for Intending Pilgrims

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) Muslim Pilgrims...

Kaduna Journalists Trained on Digital Tools to Strengthen Peace Reporting

By Achadu Gabriel, KadunaSixty journalists and media practitioners in...

Police foil bomb explosion at Ikot Ekpene Prison, rescue 14 kidnapped students

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has successfully...

Monarch Raises Alarm Over Threat to Abducted Women, Children in Kwara Community

The traditional ruler of Woro community in Kaiama Local...

Nigeria Seeks Protection for Citizens After Two Killed in South Africa

The Federal Government has called for the protection of...

Top Players to Watch in Champions League Semi-Finals as Teams Battle for Final Spot

The UEFA Champions League semi-finals have highlighted tight tactical...

The Impact of the US–Israel–Iran Conflict on Nigeria

By Shemudara Blessing MorayoIn today’s interconnected world, conflicts...

Tinubu Charges New Envoys to Boost Investment, Reorders Foreign Policy Priorities

By Francis WilfredPresident Bola Tinubu has charged Nigeria’s...

Bayelsa Assembly Aspirant Calls for Rotational Equity in Yenagoa Constituency

An All Progressives Congress (APC) aspirant for the Bayelsa...

Related Articles

Popular Categories

spot_imgspot_img