HOT: The Premier League Has An Indefinite Postponement

The Premier League organizers and the governing bodies will not return until the pandemic is in control, after an online meeting on April 3. That means this tournament has an indefinite postponement.

The Premier League has an indefinite postponement, reducing players’ wages by 30%

On April 3, the Premier League organizers held an online meeting with the participation of representatives of the British Professional Footballers Association (PFA), the British Professional Coach Association (LMA) and system of English football leagues (EFL). The content of the meeting revolved around the plan to host the top league of the fog country.

The Premier League Has An Indefinite Postponement
The English Premier League will not return until the pandemic is controlled

As revealed by the Daily Mail, after a few hours of discussion, representatives of the 20 Premier League clubs and EFL have agreed that professional tournaments “will not take place until there are signs of safety”. This also means the Premier League has an indefinite postponement, not yet scheduled a return.

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Earlier, the Premier League organizers were determined not to cancel the 2019/20 season to avoid heavy economic losses, including huge profits from television rights. Many plans are given such as held in early May, early June and ended in mid-July, organized in the World Cup format, even bringing the tournament to … China.

MU and the club agreed to cut a player's salary by 30% to support the fight against the pandemic
MU and the club agreed to cut a player’s salary by 30% to support the fight against the pandemic

Also in this meeting, 20 Premier League clubs agreed to cut a player’s salary by 30% a month. In addition, teams will donate £ 125 million to support the English football championship system (EFL) and the British amateur league (Nation League) to solve financial difficulties. In addition, £ 20 million was also sent to national health services (NHS), local organizations for the fight against the pandemic.

Reportedly, MU was the first team to implement a policy of reducing the salaries of the players, even a few hours before the meeting took place. Daily Mail said Vice President Ed Woodward passed captain Harry Maguire to convey the proposal to the players and received absolute support. The salary will be donated to support hospitals and medical centers in Manchester.

MU “lives well” among the pandemic: Startled super contract 173 million pounds

The Premier League in particular and European football are suffering severe consequences because of the pandemic. After the tournaments had an indefinite postponement, a series of teams were in financial exhaustion due to no revenue from ticket sales, television rights.

The Premier League Has An Indefinite Postponement
MU is a rare club “lives well” among the pandemic thanks to a sponsorship contract worth 173 million pounds

Expected on Friday, the Premier League Organizing Committee will meet with the Football Association of England (FA), the Association of English professional players (PFA) to discuss the reduction of wages of players. This policy has been applied by some big clubs like Juventus and Barca.

However, in the turbulent period, MU is a rare club “lives well”, even the board of directors still ensures 900 employees at the club to work normally without worrying about salary cuts or layoffs. The Daily Mail explained that, instead of relying on television rights or ticket sales, “Reds” have huge revenue from sponsorship contracts with 61 businesses, large and small.

According to the annual financial report released by Deloitte, this figure amounts to 173 million pounds, accounting for 62% of MU’s total commercial income (£ 275 million), “eating up” Man City (£ 123 million). or Liverpool (79 million pounds). Besides, they also collect 241 million pounds from television rights and 111 million pounds from ticket sales, souvenirs in the yard.

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“MU has been censured for seeking sponsorship deals, but it is the best solution for the top clubs to raise sales. A good relationship with a trading partner will bring stability. Firm for the club “, an expert commented on the current situation of MU.

Vice-Chairman Ed Woodward - a man who was hated by MU fans, suddenly became a "hero" of the club
Vice-Chairman Ed Woodward – a man who was hated by MU fans, suddenly became a “hero” of the club

MU “lives well”, the biggest merit certainly belongs to Vice President Ed Woodward. Ironically, since the Glazer family was given power at Old Trafford in 2012, Ed has been boycotted by the MU fan community, protesting because he is too passionate to make money without caring about the achievement on the field. grass.

In October 2019, fans rented a plane to fly around Old Trafford yard and put up the banner of “Ed-still failing: Woodward out” (Ed is still a failure, Woodward disappears) to display. expressed opposition to Ed.

At least up to this point, driving MU through the turbulent period also partly helps the 48-year-old sports manager “score” with fans.

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