Serie A clubs to cut the salaries of the clubs from 15 to 30 % ?!
Today we receive interesting news from Italy. As our sources confirm the clubs are set to reach agreement which will cut the salaries of the players for this season from 15 – 30 %.
The cut would be based on the current salary which the players have. If it is over 1.5 million euros the cut can be 30%, while if it is lower it would be 15%.
This measure comes as all clubs are financially struck by the crisis from the virus . As all businesses are having trouble to cope with the challenge, the clubs do too. With this measure it is expected that the clubs would save around 260 million euros.