League clubs made an emergency conference call on Monday after a concrete agreement on salary reduction was not reached at a meeting of the Italian Players’ Union (AIC).
Serie A clubs agreed to reduce the wages of first-team players
Serie A clubs unanimously agreed to reduce the salaries of first-team players. To one-third during the coronavirus pandemic, which mainly hit Italy. League clubs made an emergency conference call on Monday after a concrete agreement on salary reduction was not reached at a meeting of the Italian Players’ Union (AIC). During the transaction, players 19 of the 20 Serie A clubs will give up a sixth of their salary if football resumes and the 2019-20 campaign ends. If the season canceled at all, wages would be reduced by a third. The only team that does not agree to the deal are the Juventus champions. Who have already decided with their players to cut salaries. Two weeks ago, it announced that they had agreed on a salary reduction with their senior staff. Which could save the club €90 million (£81m/$101 m) during the coronavirus crisis.
Juventus have already reached an agreement two weeks ago
A Series A statement stated: “Following actions aimed at reducing labor costs both in Italy and abroad. Series A today unanimously decided, except for Juventus, which has already reached an agreement with its players. A standard line of address, containing the amount represented by the salaries of the players. “This intervention is necessary to protect the future of the entire Italian football system. It provides for a reduction of one-third of the total gross annual income if the season cannot be resumed. And a reduction of one-sixth in total yearly gross income if the remaining matches of the 2019-20 season can be played in the coming months.
UEFA sanctions if the league is not played before its completion
There is an understanding that clubs will determine agreements with their employees directly. Serie A also announced their intention to end the season, while UEFA warned of possible sanctions if the league is not played before its completion. Last week, the Belgian Pro League announced that it intends to abandon the 2019-20 season without ending the playoff season. Declaring the current leaders Club Brugge as champions. Serie A stated: “The desire is to end the season and return to play without risking only when the health conditions and government decisions allow it.”