Premier League with a 30% pay cut to players

COVID 19 is showing its true nature and every sports industry has become victims of this unprecedented foe. Recently we got the news that the premier league is going to be canceled until further notice. The situations became somewhat (a lot) serious today.

Football premier league conducted a meeting with its shareholders and discussed this global pandemic. It announced that first and foremost priority is the health and well being of its stakeholders which includes their playing and nonplaying staff.

Premier League with a 30% pay cut to players

When will the Season restart

It is unknown when the season will begin. It is said that the premier league is on rest till May of this year and the season will start when the things Andre at the right order. Sources say that the Premier League season may start from September of this year.

The restart date is under the review of all stakeholders, The Premier League is working collaboratively with and really other football teams, companies, government, public, and all other football stakeholders 

With this, there is increased pressure for all football leagues as they have to maintain the well being of stakeholders especially, employees. There is a combined objective set before the football clubs. (National, UEFA, LaLiga, premier league, everything).

The situation regarding the players, All league people matches were canceled from November and the premier league made a memorandum of understanding with the players that there will be a cut off in the annual remuneration by 30%. It means if a player's remuneration is 1000000$, he gets only 70000$. This decision is under review and may change.

Coordination with clubs under the premier league

The Premier League made some initiative by helping the clubs under the primer per league. There is no single solution. But, there will be financial relief for the short term period.

The Premier league unanimously voted to contribute 125 million pounds to the English football league and all national leagues. In this football pyramid, from the top to bottom everyone is facing difficulties and how would the premier league bear this critical situation?

Also, the premier league took a decision to collaborate with the national health scheme by supporting its staff and other members. The Premier League contributed 20 million dollars to the national health scheme. This is instant relief for a few people. But a huge crisis for the premier league.

Appeal to players

On the one hand premier league is helping out the need and on another hand it is making the appeal to players of all football clubs to help the needy and give some inspirational messages to people so they can have some hope. Everyone is reaching out to people by their self-determination and not by force of PL.

We don't know exactly whether every player will be deducted by 30%. Few players are engaged with COVID 19 and we don't know whether PL is going to cut there remuneration or not.