According to a report from the Athletic, Leeds United players and staff have agreed to take a wage cut after meeting with club officials Angus Kinnear and Victor Orta – with the EFL’s temporary suspension leading to measures being taken.
Marcelo Bielsa’s side, who are within touching distance of promotion, currently sitting top of the Championship pile. have had to wait anxiously on the sidelines as recent events have forced the EFL’s postponement during a time of crisis. On Tuesday, with football action looking a long way off returning, officials Orta and Kinnear met with club players and staff alike to discuss a temporary cap on their salaries – with all of them agreeing to the temporary measure. Owner Andrea Radrizzani, speaking to Sky Sport Italia via the Daily Mail, admitted that the crisis is having a huge impact on finances – with the club losing out on ‘significant income‘ due to the non-weekly attendance at Elland Road.
“It’s a disaster,” the Italian explained. “A club like ours loses £8-10million every year to be competitive, and nobody wants to keep a business that is losing money every year.
‘This situation is worsening our balance. By not having five home matches, we miss out on around £2.5m that are the only source of income given that we don’t have similar amounts (as the Premier League) coming in from TV rights.”
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Indeed, keeping that in mind, Leeds players and staff have agreed to the deferral of their wages – with this report from the Daily Mail highlighting that other clubs are in the same boat. Scottish club Hearts and Birmingham City have both also proposed a 50% wage cut to players. Now, with Orta’s talks leading to a similar situation at Leeds, it looks like the Yorkshire club will be attempting to balance the books through any means necessary.
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