Tottenham Hotspur will resume talks with the first-team squad over a possible wage-cut agreement later this month, according to a report by ESPN.
The Athletic reported late last month that Daniel Levy has no plans to approach Tottenham’s playing squad to secure an agreement over a wage cut or a deferral until there was greater clarity over the club’s finances.
It was said that the Tottenham chairman wants to accurately quantify the losses they stand to make before making decisions on when and where cuts are required.
The report even suggested that Spurs could be the last club in the Premier League to try to implement a policy on wage cuts or deferrals.
The entire Tottenham squad reportedly received their salaries in full for April (Telegraph).
However, ESPN now claim that with the substantial revenue Spurs will miss out on due to NFL games and other events not going ahead as planned, the club will have to enter into talks with the players over wage cuts.
It is claimed that the club are cautious not to take another mistake following the furlough debacle and will proceed with caution.
It is suggested that the Tottenham squad remain united and recognise that some sacrifices have to be made given the global economic effects of coronavirus.
Spurs Web Opinion
We have a relatively sustainable wage-bill compared to the likes of Arsenal which has probably been our saving grace at this difficult time. However, with the substantial matchday and commercial revenue the club is set to lose, players will have to eventually accept cuts. I suspect an announcement will arrive sooner rather than later.
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