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18
Sat, May

Premier League: Transfer Restriction May Accompany Wage Cut

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Former Manchester United Captain, Garry Neville opined the Premier League may compel clubs who are set to cut players wages during the COVID-19 lockdown crisis to accept transfer embargoes.

 

Clubs in England’s top-flights have requested players to take up a 30 per cent pay hit in cuts and deferrals to help soften the estimated £1 billion ($1.2 billion) blow of potentially failing to complete the season.

Some Premier League clubs, including Tottenham, have also been criticised by many for using public money to shore up the wages of non-playing staff before cutting the salaries of players.

However, Liverpool quickly made a u-turn to use the UK government’s furlough scheme, which guarantees 80 per cent of wages up to a maximum of £2,500 a month, after uproar from supporters and some section of media last week.

Neville revealed that Tottenham striker Harry Kane would be the “perfect” signing for his old club Man. Utd, but slammed speculation over the England captain’s future in the current climate.

In his statement to sky sports;

“The Premier League spent £1.4 billion last summer on transfers and the previous three summers they also spent over £1 billion.

If you’re trying to get 30 per cent pay cuts from existing players, you may have to put a transfer embargo in place,”

He added, “Transfers are things the fans love, and we love players moving around, but it does seem to me to be awry when we’ve got such a behind-the-scenes war going on with respect to players taking cuts, the clubs needing support, and then in the next breath you’ve got a £200 million transfer speculation going on.”

Meanwhile, Kane, who has been on the bench following his hamstring injury since New Year’s Day, opened the door to leaving Spurs last month.

Kane on his Instagram page while charting with, Jamie Redknapp said, “If I don’t feel we’re progressing as a team or going in the right direction, then I’m not someone to just stay there for the sake of it,”

Meanwhile, Redknapp while responding said; action taken by Tottenham chairman Daniel Levy to furlough staff on the same day it was revealed he was paid £7 million last season did not surprise him.

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