Lega Serie A have officially announced a unanimous agreement regarding the cutting of wages by 30% due to the COVID-19 emergency.
Late last month it was announced that Juve would be cutting the salaries of players – obviously with their agreement – for the months of March, April, May and June. It was suggested by La Gazzetta dello Sport on Sunday that Milan could follow suit and save up to €16m in the process.
Now, the league have confirmed an obligatory measure will be put in place due to the Coronavirus emergency, which not only blocked the continuation of the season, but has economically damaged the football system and the accounts of most clubs.
The formula proposed by the managers Dal Pino and De Siervo has all the clubs in agreement, apart from Juventus who as mentioned have already solved the issue internally several days ago.
A third of the salaries of Serie A players will be cut if the 2019-20 season is definitively closed prematurely. If however the season resumes in the coming months, a cut of 1/6th will be made.
This is a compromise that the Rossoneri players seem happy to sign, and it will also help the club’s accounts while they are in dire need of it.