FOOTBALL LEAGUE clubs will tell PFA chief Gordon Taylor they will not be able to pay their players’ wages this month if cuts are not agreed.
Teams in League One and League Two have called for deferrals and cuts of up to 50 per cent to ensure they remain financially stable.
EFL clubs need PFA chief Gordon Taylor to make a decision as soon as possibleCredit: PA:Press Association
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According to the Telegraph, around half of the League One and League Two sides will not be able to cover their April wage bill if an agreement is not reached in the next few days.
One EFL club chairman told them: “The next week is absolutely crucial.
“There has to be an agreement with the PFA, otherwise many clubs will not be able to pay their April wages.
“After next week, clubs would normally be finalising their April bill and pressing the button on payments.
“But a large number simply will not be able to unless there is an agreement on deferrals or cuts.”
It is also reported that managers have had to write down how much revenue their club will lose over the next three months.
Premier League teams were offered deferrals and cuts of up to 30 per cent, but the players refused to bail out their clubs.
But 30 per cent would not be enough for the Football League sides that are facing financial meltdown in the next few days if an agreement is not reached.
Hundreds of players will also be left jobless if they do not have the funds to renew their players’ contracts in the summer.
A leading agent, who represents a number of Football League stars that will be out of contract in the summer, said: “I’m worried about what will happen.
“Players are starting to ask me and it is impossible to give them any answers.
“There could be a lot of players left without clubs.”
Source: Soccer - thesun.co.uk