West Ham & Southampton defer wages
Southampton were the first Premier League club to do it, followed by West Ham.
On April 9, the Saints confirmed that they wouldn’t furlough any non-playing staff at St Mary’s.
Instead, Southampton’s players and coaching staff agreed to defer part of their salaries for the months of April, May and June.
#saintsfc players have made a group decision to defer part of their wages until the end of June.
Saints board, manager, and coaches also doing the same.
Southampton owners will not furlough staff and have taken the responsibility for 100% wages for non-playing staff
Bravo ! pic.twitter.com/08YImgqdI9
— Adam Blackmore (@AdamBlackmore) April 9, 2020
A few days later, West Ham also confirmed a similar course of action.
West Ham squad to defer part of their wages while owners David Sullivan and David Gold have injected £30m into the club in order to combat the financial impact of coronavirus. pic.twitter.com/BGNl66XUzo
— standardsport (@standardsport) April 10, 2020
Looking forward, Watford are also expected to agree wage deferrals with their squad in the near future.
Watford close to becoming third Premier League club to defer players’ wages with majority of first-team stars set to agree 30% cut https://t.co/Y4qTDCz4LV
— MailOnline Sport (@MailSport) April 19, 2020
Wage deferrals vs wage cuts
In contrast to the Irons and the Saints, clubs like Chelsea have taken a different approach to the financial crisis during the Covid-19 crisis.
On Sunday, reports spread that Chelsea’s squad had agreed to 10% wage cuts.
Arsenal’s squad appears to be heading down the same path, as talks continue over a 12.5% wage cut to players’ salaries.
West Ham & Southampton threatened with major transfer restrictions
In the Times on Monday, reporter Paul Joyce has revealed that West Ham and Southampton could be severely restricted in the transfer market following their decisions on wage deferrals:
Clubs who are deferring wages in the coronavirus crisis could face spending restrictions until players are paid the money they are owed.
Talks have already taken place at EFL board level after the Professional Footballers’ Association raised the matter.
There is a groundswell of feeling that clubs who have chosen to delay paying players’ salaries during the health crisis should not be allowed to add to their wage bill until squad members have been reimbursed.
A number of clubs are deferring wages and furloughing staff. That has left other sides, who are committing to paying wages in full, insisting they should be not disadvantaged, writes @_pauljoyce https://t.co/5ztUEzeFrX
— Times Sport (@TimesSport) April 19, 2020
Will these transfer restrictions be implemented?
That remains to be seen, although the Times believe these transfer restrictions are likely to come into force:
Any rule change has to be voted through by the clubs but The Times understands that the proposal is not seen as a controversial one, but rather rooted in common sense.
This article was edited by Benjamin Newman.
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