Everton Players & Carlo Ancelotti Agree Wage Deferrals Amid Coronavirus Shutdown
Everton manager Carol Ancelotti and several members of the first team squad have agreed to defer some of their wages during the coroanvirus shutdown.
The COVID-19 outbreak has severely impacted the finances of football clubs of all sizes and Everton have become the latest side to announce cost-cutting measures.
Everton’s first team squad is voluntarily taking wage deferrals of upto 50% for the next three months to offset the financial impact of coronavirus.Carlo Ancelotti, coaching staff, directors and senior execs taken reductions & deferrals of upto 30% since the start of pandemic.
— paul joyce (@_pauljoyce) June 9, 2020
Chief executive Denise Barrett-Baxendale emailed supporters to inform them of player and staff wage deferrals on Tuesday. Ancelloti and his backroom staff have taken a voluntary cut of up to 30% from the period beginning in mid-March when the crisis began, while some players have agreed to a decrease as high as 50%.
“Everyone taking reductions and deferrals has volunteered to do so and – on behalf of the board and, I am sure, every Evertonian – I would like to express my sincere thanks to every single one of them for demonstrating such integrity and honour in helping the Everton family through this challenging time,"
Barrett-Baxendale stated (via the Guardian).
“This remarkable show of unity has enabled the club to maintain the salaries of all Everton and Everton in the Community full and part-time employees – all of whom have remained in full employment throughout this period – and enabled the club to continue to pay its directly engaged matchday and non-matchday casual staff since our club lockdown began on 13 March.”
Some of the funds raised by the deferrals will be used to support the club's Blue Family campaign, which is providing support for vulnerable families throughout the current crisis.
Everton are scheduled to resume their Premier League season with a mouth watering contest against Merseyside rivals Liverpool on 21 June. Due to the magnitude of the game - in which the Reds could secure the title - there has been talk of it being moved from Goodison Park to a neutral venue.