International

Bayern Munich, other Bundesliga clubs, take pay cut

2020-03-24 22:54
Manuel Neuer
Manuel Neuer (Getty Images)

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

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

READ | Officials to propose extending Bundesliga suspension

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 have 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, Schalke 04 and Borussia Dortmund. Bayer Leverkusen players are in talks over pay cut proposals with management.

Second-placed Dortmund said their squad members had taken a salary reduction to show solidarity with the club's 850 employees.

Coach Lucien Favre and club directors have also made a personal offer to take a pay cut.

Read more on:    bayern munich  |  bundesliga  |  soccer  |  coronavirus

 

Read News24’s Comments Policy

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2019/20 Absa Premiership season is in full swing. Will Mamelodi Sundowns retain their title? Or can one of Kaizer Chiefs, Orlando Pirates, Wits, SuperSport United - or another team perhaps - snatch glory from the Brazilians? Be sure to visit Sport24 for all the latest news!

Latest blogs
Vote

After Stuart Baxter stepped down as Bafana Bafana head coach, who would you like to see take over?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.