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Two of the highest earning employees of the Football Association are allegedly said to be heading towards a 30% pay cut in the aftermath of the government’s furlough scheme.
Gareth Southgate, the manager of the England’s men team is said to receive 3m annually, while Phil Neville, the manager of the women’s team earns approximately £300,000.
Mark Bullingham, the Chief Executive of the FA said that these are “challenging times” and did not take the “decisions lightly”.
It was said that employees of the FA earning £50,000 or more will have a temporary pay cut of 7% while those on senior management levels will agree to a 15% cut.
Bullingham is of the opinion that postponements, which includes the FA cup matches, England international fixtures, and Wembley events, could contribute to a loss of around £100m, which might even rise to, probably, around £150m “depending on government’s necessary medical measures”.
Bullingham said, “Along with many other organisations across the country, we are currently reviewing our financial model during this challenging period.
“We want to take prudent and appropriate steps to help protect and support the FA and our employees during this unpredictable time.”
Meanwhile, in the Premier League, David Moyes, have told his club, West Ham that he is willing to agree to a pay cut in the aftermath of the ongoing coronavirus pandemic.
It will be recollected that it was reported that Bournemouth boss, Eddie Howe, and Brighton’s Graham Potter, have agreed to pay cuts as clubs around the country are finding ways to cut their losses during this time that games were suspended.