Footballers of top-flight Germany football league including Bayern Munich have all agreed to take a pay cut in their bid to help Bundesliga clubs survive the economic impact and strain the deadly Coronavirus has created on the country’s economy.
Reports from Newspaper outlet Bild, says that club officials at the Champions Bayern Munich, including some of the other top teams in the league since March 13 when the season was halted have accepted a 20 per cent pay cut from the salaries.
Like all top European leagues the German top flight is losing income from broadcasting, sponsorships and ticket sales during the COVID-19 pandemic, with matches in Germany suspended until at least April 2.
Players at Borussia Moenchengladbach were the first in the Bundesliga to propose a pay cut, followed by others at Werder Bremen and Schalke 04. Borussia Dortmund and Bayer Leverkusen players are in talks over pay cut proposals with management.
At Dortmund — second in the Bundesliga — coach Lucien Favre has made a personal offer to take a pay cut while players are negotiating a 20 per cent salary reduction if the season does not restart or a 10 per cent cut if play resumes behind closed doors when clubs will at least earn income from TV rights. Photo Credit: Getty