Connect with us

Hi, what are you looking for?

coronavirus

Scottish champs Celtic agree wage reduction

Celtic players and staff have agreed a significant wage cut © Ritzau Scanpix/AFP / Liselotte Sabroe

LONDON, United Kingdom, Apr 10 – Celtic players and coach Neil Lennon have taken a “significant reduction” in wages to help the club with the financial cost of the coronavirus, the Scottish champions announced on Friday.

Lennon and the entire first-team squad, as well as several members of Celtic’s backroom and executive staff, agreed the cut and to defer “a significant proportion of their earnings” between April and June.

“I would like to pay tribute to Neil and the players for their desire to play their part,” Celtic Chief Executive Peter Lawwell said in a statement.

“I am also grateful to my own executive team for the commitment they have devoted to this outcome in very difficult working circumstances.”

Celtic, chasing a ninth successive league title, were 13 points clear at the top of the Scottish Premiership when domestic action was postponed.

The Hoops posted profits of £24 million ($29.9 million) for the final six months of last year.

“We are well aware of the economic realities and are very willing to play our part in recognising them,” Lennon said.

“We also know that many within society, including our own support, are facing distress and, in some cases, tragedy.

“Everyone at Celtic Football Club, including the players and my own backroom team, expresses our appreciation of the work being done by NHS staff, carers and all who are providing vital public services at this time.”

Advertisement. Scroll to continue reading.

Celtic’s arch rivals Rangers announced this week that coaches, players and directors would take a three-month wage deferral.

Amid widespread criticism, the majority of England’s Premier League clubs have so far been unable to agree wage cuts and deferrals despite talks involving the players’ union.

Southampton became the first Premier League team whose players and staff agreed to defer part of their salaries this week.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

More on Capital Sports

Football

NAIROBI, Kenya, May 25 – There is light at the end of the tunnel. After failed promises over the last three years since its...

Athletics

NAIROBI, Kenya, June 8 – Olympic Champion Caster Semenya and wife Violet Raseboya have hinted that they might be expecting a baby in a...

NFL

NAIROBI, Kenya, Aug 13 – Kenya’s history making Daniel Adongo, the first Kenyan to play in America’s National Football League (NFL), is now living...

Features

NAIROBI, Kenya, May 17 – The Kakamega High School ‘Green Commandos’ have produced a plethora of talent over the past decades in Kenyan football...

© 2020 Capital Digital Media. Capital Group Limited. All Rights Reserved