You'd hope there is further player salary sacrifice as well.
https://www.independent.co.uk/sport...er-league-coronavirus-newcastle-a9437681.html
https://www.independent.co.uk/sport...er-league-coronavirus-newcastle-a9437681.html
You'd hope there is further player salary sacrifice as well.
https://www.independent.co.uk/sport...er-league-coronavirus-newcastle-a9437681.html
Certainly in the PL and The Championship at least.Playing staff from all clubs should be on minimum 50% wage cut.
Same day it is revealed Levy took home 7m last year including a 3m stadium completion bonus.
I can't believe a club like Tottenham can not support non playing members of staff during a world wide crisis like this. Let's say that ( a massive guess) the average wage of each non playing staff member was £2k per month, then the 20% that Tottenham would have to find is £220,000 per month. Not a great deal in the scheme of things and even less if players were to take a short term pay cut to help cover that lost pay.
It is just weird. 550 staff. Mean average of 30k a year (Guess). That is 2500 a month. So 550*2500 is 1,375,000 a month. Add on pension, NI etc and then round up to 2 million to be generous.
Pretty sure I read serge aurier is on 70k a week so let’s assume that is average. Which is about 300k a month. So 25 in first team squad is 7.5 million a month.
So if players took a 25% pay cut they could cover the wages of the other 550!
Instead the government will pay the wages of those people at 80% which means we are effectively subsidising player wages. People make the argument about nurses being paid more etc but taking tax payer money to fund football clubs like spurs is literally taking money that could be used for something else. It is amazing.
But not exactly surprising.Pretty disgusting that Newcastle and Spurs are taking advantage of this scheme.
It would only need to be 20% of the monthly wage that Tottenham would need to cover.
Only if the government pays the other 80%. My point is that these scheme was not designed for this. It was designed to keep business afloat. Not for businesses to take the piss. If they would genuinely have made these staff redundant then fine. I am saying they would not though.
Only if the government pays the other 80%. My point is that these scheme was not designed for this. It was designed to keep business afloat. Not for businesses to take the piss. If they would genuinely have made these staff redundant then fine. I am saying they would not though.
Pretty disgusting that Newcastle and Spurs are taking advantage of this scheme, while continuing to pay £50k+ per week to playing staff. I guess we'll see which other clubs have similarly low ethics over the next few days.
To be fair I bet a bunch of these are match day staff - so there is a case to be made that they would be made redundant
I can't believe Levy gets off without a murmur and the instant reaction is 'the players should pay the different'.
What about the billionaire owner?