Wage cuts and deferrals

[dixiesdisciple]

Probs way off here but...will this halving of our wage bill help FFP? I know it’s only short term but perhaps wages not payed could then be capitalised rather than rev? If so, we’ve played a double blinder on PR and finance!

 

[degsy]

Everton players accept wage deferrals of up to 50 per cent

The move ensures the club can maintain the salaries of all Everton and Everton in the Community full and part-time employees

www.independent.co.uk

Good to see the players and managerial staff doing this for the good of the club
One question. Does referral mean they get the money back at a future date?
And great to see that season tickets holders have donated their cashback too.

ST holders said, nah don't bother, put it in the EitC pot, or where ever

Players said don't pay me £100k a week, just pay me £50k for the next X mths


Then pay me £150k a week for the next X mths after that...allegedly

Hendo's #PlayersTogether NHS fund...how much did that raise again

 

[Joeharper07]

It just confirms all clubs are haemorrhaging cash every week and therein is your answer to why they needed bcd back as soon as possible , most players will be guided by there agents so it was only ever going to be a deferral and pushes a problem a bit further down the line similar to sky postponing there rebate for a year . Can’t see how the transfer market will be anywhere normal for a few seasons at least .

 

[hibbo'sclass]

Probs way off here but...will this halving of our wage bill help FFP? I know it’s only short term but perhaps wages not payed could then be capitalised rather than rev? If so, we’ve played a double blinder on PR and finance!

The deferral bit won't as ot would have to be accrued in the accounts.
The pay cut bit does.