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Sports News of Tuesday, 31 March 2020

Source: www.mynigeria.com

COVID-19: Tottenham chairman, Dani Levy, over 500 staff take pay cut

Daniel Levy Daniel Levy

About 550 non-playing directors and employees of Tottenham football club, including chairman Daniel Levy, will take a pay cut as a result of the coronavirus impact.

As a result, their salaries of all those in the category for the months of April and May will be slashed by 20% due to the agreement.

Levy, who earned £7m last year - £4m in wages plus £3m for the completion of Tottenham's stadium move. said that "people need to wake up to the enormity" of the coronavirus pandemic.

The club will also use the government's furlough scheme in an attempt to "protect jobs".

Levy added: "The crushing devastation on industries in many countries, the interdependence of international trade and travel in every aspect of our daily life is only now beginning to be felt.

"Every person on this planet will be affected and in my lifetime I cannot think of something so impactful. With over 786,000 infected, nearly 38,000 deaths and large segments of the world in lockdown, we need to realise that football cannot operate in a bubble.

"We may be the eighth largest club in the world by revenue, according to the Deloitte survey, but all that historical data is totally irrelevant as this virus has no boundaries."

Levy said Spurs would "continue to review" their position.

"We hope the current discussions between the Premier League, PFA and LMA will result in players and coaches doing their bit for the football ecosystem.

"I have no doubt we will get through this crisis but life will take some time to get back to normal."

BBC