LONDON (AFP) - English Premier League clubs are facing a fierce backlash, after Liverpool became the latest club to tap into public funds during the coronavirus pandemic as players and bosses struggle to resolve a festering pay-cut row.. Read more at straitstimes.com.
LONDON - English Premier League clubs are facing a fierce backlash, after Liverpool became the latest club to tap into public funds during the coronavirus pandemic as players and bosses struggle to resolve a festering pay-cut row.
European champions Liverpool, who recorded pre-tax profits of £42 million in February, announced their decision to furlough some non-playing staff on Saturday , becoming the fifth Premier League club to do so. Under the scheme, the British government pays 80 per cent of wages. Liverpool said they would top up the remaining 20 per cent.
Liverpool's opponents in last year's Champions League final, Tottenham, owned by billionaire Joe Lewis, have also opted for the furlough option, along with Newcastle, Norwich and Bournemouth. The Premier League's suggested strategy involving a combination of pay cuts and deferrals amounting to 30 per cent of wages, was discussed in a conference call with players' and managers' representatives on Saturday.
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