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Lega Serie A have officially announced that the Serie A clubs have unanimously decided to cut wages by 30% due to the coronavirus emergency in Italy that has brought life to a standstill. The measure being introduced will see players forfeit a third (1/3) of their wages if the season does not go ahead. If play resumes later on, players will only forfeit a sixth (1/6) of their annual wage.
BREAKING NEWS: #SerieA votes to cut wages by up to 1/3. More to follow... pic.twitter.com/twNMJ8HJu3
— footballitalia (@footballitalia) April 6, 2020
The agreement exists between all the Serie A clubs except Juventus who resolved this issue internally last week. The wage forfeitures will be in gross terms. AC Milan had a wage bill of 115 million euros at the start of the season (the figure has changed since the January transfer window moves).
AC Milan and Italian Football Links
- Milan sign sponsorship agreement with Cyprus based ROInvesting. [AC Milan Offside]
- Fiorentina trio Cutrone, Vlahovic and Pezzella are coronavirus free. [Football Italia]
- Sassuolo's Locatelli has big club ambitions. [Football Italia]
- Atalanta Gasperini guarantees profits over tenure. [Football Italia]
- Juventus will push out Bernardeschi for Kuluseveski. [Football Italia]
World Football Links
- Liverpool reverse furlough decision and apologise to fans. [BBC]
- Pep Guardiola loses his mother due to the coronavirus. [BBC]
- Former Marseille President Pape Diouf passes away due to COVID-19. [The Guardian]
- Former Barcelona, Real Madrid and Atlético Madrid coach Radomir Antic has passed away after contracting the coronavirus. [Sky Sports]
- Tottenham Hotspur winger Son to begin his service in South Korea this month. [Super Sport]