Chris Coleman WON'T receive pay cut after Sunderland's relegation to League One

The Sunderland boss confirmed there is no pay cut clause in his contract, having joined the club in November as Simon Grayson's replacement.

All players who joined the Black Cats this season are understood to have clauses in their contracts which will see them drop money, after the Black Cats crashed out of the Championship today following defeat against Burton Albion.

Coleman signed a two-and-a-half year deal, believed to be worth around £700,000 a year, after quitting Wales in what was seen as a real coup for the club.

But he confirmed: "There’s no clause in my contract."

He added: "But we’re on territory that’s tough to comment on because of the off-field situation. Any club that gets relegated, there’s consequences for everybody.

"The problem we’ve got is that we don’t know who is going to be here above me [as owner of the club]."

Players signed since relegation from the Premier League, and those that have signed new contracts since, will see a 40 per cent cut.

That includes the likes of Aiden McGeady, Callum McManaman and Jason Steele.

However, those that were already at the club before the Premier League relegation will not see a further cut in wages on top of last summer's 40 per cent cut.

That means the likes of Lee Cattermole, Didier Ndong, Lamine Kone, Adam Matthews won't see further cuts. Jack Rodwell, who didn't have a cut last summer, will see his £70,000 a week wages cut this summer by 40 per cent though, his cut kicks in after the club failed to bounce straight back to the Premier League.