SM
Inter Milan vs. Como: 2 hrs 22 mins
Upcoming predictions and previews

Coronavirus latest: Celtic announce "significant reduction in salaries"

:Headline: Coronavirus latest: Celtic announce 'significant reduction in salaries': ID:396073: from db_amp
At the start of the month, Celtic confirmed they were putting some non-playing staff on furlough.

Celtic's first-team squad, manager Neil Lennon, backroom staff and club executives, including chief executive Peter Lawwell, have volunteered to take "significant reduction in salaries".

They also agreed to "make deferrals of a significant proportion of their earnings" from April until June in financial measures the Glasgow club say will help them come through coronavirus crisis on a stable basis.

Lawwell said: "I would like to pay tribute to Neil and the players for their desire to play their part and the outcomes achieved.

"I am also grateful to my own executive team for the commitment they have devoted to this outcome in very difficult working circumstances and also their own willingness to play a part in the measures adopted.

"I am extremely appreciative of the willingness of everyone concerned, to recognise the practical difficulties which this awful crisis has created.

"Celtic are in a strong financial position but we are not immune to this unique set of circumstances."

At the start of the month, Celtic confirmed they were putting some non-playing staff on furlough.

Celtic manager Neil Lennon said: "We are well aware of the economic realities and are very willing to play our part in recognising them (Jane Barlow/PA)

But the Hoops insisted the Government's scheme – in which 80 per cent of wages are paid up to £2,500 – would be supplemented by the club so no employee suffered a shortfall in salary.

Lennon said: "This club is all about teamwork and solidarity, on and off the park.

"We are well aware of the economic realities and are very willing to play our part in recognising them. We will come through this in unity and then look forward to the challenges ahead."

amp_article__396073 : Database Data restored...  : 
last updated article - 2020-04-10 15:25:57:
html db last update - 2020-04-10 15:25:57 :

ex - 7200 : read : read cache amp html

Coronavirus outbreak - Click here for more stories

Click here for more stories about Neil Lennon

Click here for more stories about Celtic

Share this article now:
Read more about Neil Lennon Football
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Celtic1614204444044
2RangersRangers1611232891935
3Aberdeen17104331211034
4Motherwell178272327-426
5Dundee UnitedDundee Utd176742519625
6St Mirren187382429-524
7Dundee175482730-319
8Hibernian184682430-618
9Kilmarnock184681935-1618
10Hearts1844102027-716
11Ross County183691435-2115
12St Johnstone1842122134-1314
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .