Iwobi Set For 50% Three-Month Pay-Cut At Everton


Nigerian international, Alex Iwobi and his team-mates at English Premier League club-side, Everton are all set to have a 50 per cent pay-cut.

Everton’s squad have voluntarily taken pay deferrals up to 50 per cent for the next three months in a step to protect the club’s long-term finances.

In an email to supporters sent out on Tuesday night, Denise Barrett-Baxendale, Everton’s chief executive, explained the process behind the decision and revealed that talks with the players have been on-going since the coronavirus pandemic shut football down temporarily.

Carlo Ancelotti, Everton’s manager, and the rest of his staff immediately agreed to take 30 per cent reductions in their salaries; as did other leading figures within the club such as Marcel Brands, the director of football, and Barret-Baxendale.

Long-serving players such as club captain Seamus Coleman and Leighton Baines, among others, have been working with officials to see what the squad could do to combat…

Source: Complete Sports