GARETH SOUTHGATE is to take a £225,000 pay cut as the FA faces financial calamity in the coronavirus pandemic.
English football’s governing body, which is a a not-for-profit organisation, has revealed they could lose £150million in the crisis.
England manager Southgate is said to have volunteered for a pay cutCredit: PA:Press Association
High earners inside the FA are to take wage deductions worth between 7.5 per cent and 30 per cent of their income.
A statement released on Monday spelled out how some staff may be furloughed amid the loss of revenue from Euro 2020 being delayed, other England games being postponed, and the cancellation of all events at Wembley during the lockdown.
According to The Times, national team boss Southgate earns £3m-a-year and his 30 per cent cut, worth £225,000, will be enacted for at least three months and then reviewed.
Taking 15 per cent reductions are England women’s manager Phil Neville, on a contract worth £300,000-a-year, men’s senior team assistant Steve Holland and Under-21 boss Aidy Boothroyd.
FA chairman Greg Clarke and Mark Bullingham, named CEO in March of last year, are reportedly taking 25 per cent pay cuts.
The statement from Bullingham read: “We are proposing that all employees earning £50,000 or more per annum will take a temporary pay reduction of 7.5 per cent.
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“In the spirit of those on higher salaries taking the greater responsibility, the Senior Management team have agreed to cut their pay by 15 per cent with the highest earners in the organisation agreeing to reduce their pay by up to 30 per cent.
“We are also looking into what options are available to us through the Government’s furlough scheme as a contingency plan, while we continue to plan for the return of football, once it is safe to do so.
“These are extraordinary and challenging times and we do not take these decisions lightly.”
Southgate, who took charge in 2016 after a spell as U21s manager, is said to have volunteered for the pay cut to help ease the FA’s financial issues.
While income from the delayed Euros will eventually be recovered, the cancellation of other events planned for Wembley in the summer of 2021 are more irreparable.
Therefore furlough money is reportedly to be used for around 10 per cent of the FA’s 1,000-strong workforce.
Bullingham’s statement added: “While we want to do whatever we can as an organisation to help the national effort, we’re also doing what we can to protect jobs within our organisation.
“As a not-for-profit governing body, we’re responsible for promoting and developing every level of the game. All of our profits are invested back into English football to support and grow the game for all.
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“The less money we generate, the less flows back into the game. For example, we will generate less for community pitches or Wildcat centres across England. It’s that simple.
“We’ve taken an immediate and significant financial impact due to the postponement of England internationals, Emirates FA Cup matches and Wembley events, and there is currently no clear timescale on when they will return.
“The total financial impact is currently forecast to be around £100m, but it could easily exceed £150m depending on the duration of the Government’s necessary medical measures.
“Along with many other organisations across the country, we are currently reviewing our financial model during this challenging period. We want to take prudent and appropriate steps to help protect and support the FA and our employees during this unpredictable time.”
FA CEO Bullingham confirmed some staff may be furloughedCredit: PA:Press Association
Martin Lewis pleads Chancellor Rishi Sunak to tweak furlough rules to help people who’ve lost new jobs during coronavirus lockdown
Source: Soccer - thesun.co.uk
