Repubblica: Gazidis to formulate offer with Milan ready to ask squad for pay cut due to COVID

By Oliver Fisher -

AC Milan are set to ask their players to cut their monthly wages due to the ongoing effects of the Coronavirus pandemic, a report claims.

The squad signed an agreement for their April salaries to be cut by 50% earlier in the year in what was a response to the suspension of the league and therefore an inability for the players to provide the services they are paid for.

However, a few months down the line now we are no closer to seeing supporters back in stadiums en masse despite the fact that football has been deemed ok to resume.

According to La Repubblica (via MilanNews), Milan intend to ask the team for a sacrifice given the current loss in revenues, and that is to cut their monthly salary by about 20%.

The paper adds that it will be up to the CEO Ivan Gazidis to formulate the terms of the request to the Rossoneri players, who will then decide whether to accept or not.

Tags AC Milan