Manchester United players could be set for substantial wage cut if they fail to qualify for the Champions League, according to reports.
United currently sit in fifth place in the league some six points off fourth spot with 12 games set to play.
The Daily Mirror report that the policy was first introduced
back in 2012 by the boss chief executive David Gill, when Sir Alex Ferguson was still manager.
The clause was only included in some contracts at that point in
time but, after United failed to qualify for the Champions League under David Moyes, the policy was rolled out to every new contract of extension.
City A.M. reference quotes from Ed Woodward during a recent
conference call to investors in which he said staff costs would fall
depending on European success.
"There is a component of our players’ salary that is linked to
the club participating in the Champions League and if we’re not
competing in the Champions League that component will come off and it’s
sufficiently meaningful," said Woodward.
The Mirror claim that “sufficiently meaningful” represents 25% of
basic salary for some players, with a club insiders adding: “The club
felt it was right players should be rewarded for reaching the top four
but also share the financial repercussions if the team miss out.”
The reports do not name which players might be impacted.
United were as high a 2nd in the league in late November but a
dramatic slump in form that has seen them fall 12 points off the pace.
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