AIRLINK 196.15 Increased By ▲ 2.59 (1.34%)
BOP 10.17 Increased By ▲ 0.22 (2.21%)
CNERGY 7.90 Decreased By ▼ -0.03 (-0.38%)
FCCL 39.91 Decreased By ▼ -0.74 (-1.82%)
FFL 16.98 Increased By ▲ 0.12 (0.71%)
FLYNG 27.24 Decreased By ▼ -0.51 (-1.84%)
HUBC 133.55 Increased By ▲ 0.97 (0.73%)
HUMNL 13.99 Increased By ▲ 0.10 (0.72%)
KEL 4.73 Increased By ▲ 0.13 (2.83%)
KOSM 6.66 Increased By ▲ 0.04 (0.6%)
MLCF 47.09 Decreased By ▼ -0.51 (-1.07%)
OGDC 215.20 Increased By ▲ 1.29 (0.6%)
PACE 6.96 Increased By ▲ 0.03 (0.43%)
PAEL 41.99 Increased By ▲ 0.75 (1.82%)
PIAHCLA 17.19 Increased By ▲ 0.04 (0.23%)
PIBTL 8.53 Increased By ▲ 0.12 (1.43%)
POWER 9.69 Increased By ▲ 0.05 (0.52%)
PPL 183.99 Increased By ▲ 1.64 (0.9%)
PRL 42.85 Increased By ▲ 0.89 (2.12%)
PTC 25.11 Increased By ▲ 0.21 (0.84%)
SEARL 110.75 Increased By ▲ 3.91 (3.66%)
SILK 1.00 Increased By ▲ 0.01 (1.01%)
SSGC 44.11 Increased By ▲ 4.01 (10%)
SYM 17.80 Increased By ▲ 0.33 (1.89%)
TELE 9.00 Increased By ▲ 0.16 (1.81%)
TPLP 13.00 Increased By ▲ 0.25 (1.96%)
TRG 67.44 Increased By ▲ 0.49 (0.73%)
WAVESAPP 11.65 Increased By ▲ 0.32 (2.82%)
WTL 1.82 Increased By ▲ 0.03 (1.68%)
YOUW 4.00 Decreased By ▼ -0.07 (-1.72%)
BR100 12,224 Increased By 179.4 (1.49%)
BR30 36,907 Increased By 326.4 (0.89%)
KSE100 115,449 Increased By 1411.6 (1.24%)
KSE30 36,311 Increased By 517 (1.44%)

Footballers at Germany's top teams including Bayern Munich have agreed to take pay cuts to help clubs survive the economic impact of the coronavirus, media reports said Tuesday. Newspaper Bild reports that players and club officials at champions Bayern, top of the Bundesliga when the Bundesliga season was halted on March 13, have accepted a 20 percent cut in their salaries.
Like all top European leagues the German top flight is losing income from broadcasting, sponsorships and ticket sales during the COVID-19 pandemic, with matches in Germany suspended until at least April 2. Bayern has a massive wage bill which reached 336 million euros (364 million dollars) last year, almost half of club turnover. Players at Borussia Moenchengladbach were the first in the Bundesliga to propose a pay cut, followed by others at Werder Bremen and Schalke 04. Borussia Dortmund and Bayer Leverkusen players are in talks over pay cut proposals with management. At Dortmund - second in the Bundesliga - coach Lucien Favre has made a personal offer to take a pay cut while players are negotiating a 20 percent salary reduction.

Copyright Agence France-Presse, 2020

Comments

Comments are closed.