Northampton Saints and London Irish latest clubs to announce pay cuts
By PA Media
Last Updated: 25/03/20 3:25pm
Northampton and London Irish have become the latest Gallagher Premiership clubs to announce 25 per cent pay cuts for players and staff.
They follow Sale, Worcester, Wasps, Saracens, Gloucester, Harlequins and Leicester who have all done the same, with the Premiership currently suspended until at least April 24 because of the coronavirus pandemic.
Northampton chief-executive Mark Darbon said: "The coronavirus pandemic has come midway through a comprehensive five-year plan for the club.
"We have been making good progress, both on and off the pitch, but the outbreak is now creating significant stress on our business model, as it is for other clubs in our league and, indeed, for sports and entertainment businesses more broadly.
"In short, we are faced with a significant slowdown in our income.
"While we are extremely confident we can weather this storm, on the basis of these unique circumstances the club's board are unanimous that we have to make timely and difficult decisions in order to protect Northampton Saints for the foreseeable future.
"Alongside a number of other financial management measures, the board have therefore taken the decision to reduce salaries for all of the club's players and staff by 25 per cent, effective from April 1.
"Clearly, this is not a decision that was taken lightly, but it was a necessary adjustment to make to reduce our cost base with immediate effect."
London Irish CEO Brian Facer said in a statement: "No one knows for certain when we will return to normality and having taken all factors into account, the club has taken the difficult decision to reduce salaries of staff, players and coaches by 25 per cent.
"These salary reductions will come into effect from April 1, although a threshold has been placed to ensure employees earning below a certain amount are unaffected. We have deliberated long and hard about this and our first thoughts were always on the well-being and mental and physical health of all our staff.
"I would like to commend them for their understanding in putting the club before themselves, they are all a credit to our organisation."