Athletic Formally Announce Wage Reduction Agreement With Players
The ongoing health crisis has put the world of football, amongst many other things, on pause. With no clarity as to when or if the current season will resume clubs are already bracing for the financial impact that will come without playing matches. Over the past few weeks La Liga clubs have announced various wage reduction plans to combat the significant losses and Athletic have now finalized their measures as well.
As one of the most financially stable clubs in Europe, Athletic have been in no hurry to put a plan in place due to the uncertainty of the season. Instead, the club wants to have a better understanding of what will happen and, following negotiations with the first team captains, have announced an agreement based on different scenarios.
If the season is not able to resume the players have agreed to a 17% wage reduction and 6% if the campaign resumes but has to be played behind closed doors. According to the club, this agreement only impacts the men’s first team players, as well as coaches and sports management, in order to protect others employed by Athletic and to allow for possible reimbursements for Socios.
Moving forward the club will also be contacting Socios to “propose a package of measures to support and manage quotas and other circumstances that affect them.” Being season ticket holders, Socios could miss out on the final six games scheduled to take place at San Mamés this season.
In addition to thanking and praising those in the healthcare industry, Athletic also explained that they will follow the instructions of the league and Spanish Football Federation in regards to eventually returning to training. Lastly, Athletic once again shared the club’s desire to play the Copa del Rey final with fans in attendance saying that it “would mean closing the season with the certification that we have defeated the virus.”