Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Saracens ask players to defer portion of wages until next season

Written by 
Published in Rugby
Wednesday, 15 April 2020 10:38

Saracens have asked their highest earners to defer a portion of their salaries until next season and furloughed the majority of staff.

The move comes after Sarries agreed a 25% pay cut with staff from 1 April because of the coronavirus crisis.

The defending Premiership champions want anyone earning more than £75,000 a year to defer anything above that amount until the start of 2020-21.

“We understand this is really tough for everyone,” said chairman Neil Golding.

"But the reality is that the only way to survive this unprecedented situation as a club is to make these adjustments.

“The board are very optimistic that this is a short-term issue.”

North London side Saracens, who will be automatically relegated at the end of the campaign following salary cap breaches, intend to repay any wages that are deferred over an 18-month period from the beginning of next season.

Christian Day of the Rugby Players Association said the approach of Premiership clubs to salary cuts during the coronavirus pandemic has led to an "absolute mess" of a situation.

In response to the pandemic, the government launched a job retention scheme. It allows businesses to claim 80% of their employees' wages from the government - up to a maximum of £2,500 per person, per month before tax.

Any company which furloughs staff can then top up this pay if it chooses.

“[We] are taking steps to secure future funding which will put the club on a very sound financial footing,” Golding added.

Lower-paid staff at Saracens were exempt from the 25% pay cut, which was agreed on 20 March.

The 2019-20 top-flight campaign has been suspended indefinitely because of the coronavirus outbreak in England, with nine rounds of regular season action remaining, along with the play-offs and Twickenham final.

“Covid-19 has had huge ramifications on every facet of society, and this is not an easy time for players and the club,” Saracens and England lock Maro Itoje said.

“But in order to see this through, the whole organisation needs to pull together and do what we can for the future of Saracens and our individual careers.”

Read 3543 times

Soccer

Atléti mark Simeone's 700th game with late win

Atléti mark Simeone's 700th game with late win

Diego Simeone's 700th game in charge of Atlético Madrid ended in a late 2-1 win over Deportivo Alave...

Sources: Olof Mellberg to become St.Louis boss

Sources: Olof Mellberg to become St.Louis boss

EmailPrintOpen Extended ReactionsFormer Aston Villa and Sweden defender Olof Mellberg has signed a m...

Arteta backs Saka amid Kane drop-outs comment

Arteta backs Saka amid Kane drop-outs comment

EmailPrintOpen Extended ReactionsMikel Arteta has hit back at anyone questioning Bukayo Saka's commi...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

NBA follows NFL in warning players on burglaries

NBA follows NFL in warning players on burglaries

EmailPrintThe NBA is urging its players to take additional precautions to secure their homes followi...

Sources: Zion (hamstring) not close to returning

Sources: Zion (hamstring) not close to returning

EmailPrintNew Orleans Pelicans star Zion Williamson has undergone multiple treatments on his left ha...

Baseball

Hays, Finnegan, Rodgers among new free agents

Hays, Finnegan, Rodgers among new free agents

EmailPrintOpen Extended ReactionsNEW YORK -- Outfielder Austin Hays and right-hander Kyle Finnegan -...

Judge giving Soto space amid free agency frenzy

Judge giving Soto space amid free agency frenzy

EmailPrintOpen Extended ReactionsNEW YORK -- Aaron Judge is one of the few people on Earth who can r...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated