Newcastle United players facing big pay cut after Premier League meeting

Premier League players could be asked to take a sizeable pay cut and wage deferral.
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The Premier League today issued a statement following a meeting to discuss its response to the coronavirus pandemic which has led to the suspension of all football.

It read: “At a meeting of Premier League shareholders today, clubs discussed in detail how to respond to the COVID-19 global pandemic.

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“First and foremost, it was reaffirmed that the overriding priority is to aid the health and wellbeing of the nation and our communities, including players, coaches, managers, club staff and supporters.

St James's Park.St James's Park.
St James's Park.

“It was acknowledged that the Premier League will not resume at the beginning of May – and that the 2019/20 season will only return when it is safe and appropriate to do so.

“The restart date is under constant review with all stakeholders, as the impact of the COVID-19 pandemic develops and we work together through this very challenging time.

“The Premier League is working closely with the whole of professional football in this country, as well as with the Government, public agencies and other relevant stakeholders to ensure the game achieves a collaborative solution.

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“With this, there is a combined objective for all remaining domestic league and cup matches to be played, enabling us to maintain the integrity of each competition. However, any return to play will only be with the full support of Government and when medical guidance allows.

“The sporting and financial implications for Premier League clubs as well as for The FA, EFL and National League were considered at today’s meeting.

“In the face of substantial and continuing losses for the 2019/20 season since the suspension of matches began, and to protect employment throughout the professional game, Premier League clubs unanimously agreed to consult their players regarding a combination of conditional reductions and deferrals amounting to 30% of total annual remuneration.

“This guidance will be kept under constant review.

“The League will be in regular contact with the PFA, and the union will join a meeting which will be held tomorrow between the League, players and club representatives.”

Newcastle United were represented by managing director Lee Charnley.