International

Bayern Munich, other Bundesliga clubs, take pay cut

2020-03-24 13:40
Robert Lewandowski
Robert Lewandowski (Getty Images)

Footballers at Germany's top teams including Bayern Munich have agreed to take pay cuts to help other clubs survive the economic impact of the coronavirus, media reports said Tuesday.

Newspaper Bild reports that players and club officials at champions Bayern, top of the Bundesliga when the Bundesliga season was halted on 13 March, have accepted a 20% cut in their salaries.

Like all top European leagues the German top flight is losing income from broadcasting, sponsorships and ticket sales during the Covid-19 pandemic, with matches in Germany suspended until at least 2 April.

Bayern has a massive wage bill which reached €336 million last year, almost half of club turnover.

Players at Borussia Moenchengladbach were the first in the Bundesliga to propose a pay cut, followed by others at Werder Bremen and Schalke 04. Borussia Dortmund and Bayer Leverkusen players are in talks over pay cut proposals with management.

At Dortmund - second in the Bundesliga - coach Lucien Favre has made a personal offer to take a pay cut while players are negotiating a 20% salary reduction if the season does not restart or a 10% cut if play resumes behind closed doors, when clubs will at least earn income from TV rights.

Read more on:    bayern munich  |  bundesliga  |  soccer

 

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