Everton's Chief Executive, Denise Barett-Baxendale has revealed the extent to which players and senior staff agreed to support the club through the financial uncertainty caused by the coronavirus shutdown.
In a letter to supporters, the CEO explained that the Blues' senior players volunteered to defer their salaries by 50% for 3 months while the club grappled with the loss of matchday income and the possibility of having to refund the television broadcast companies for lost revenue on their part should the 2019-20 season need to be curtailed.
In addition, Barrett-Baxendale said that, “the Board of Directors, together with our manager, his backroom team, the nine members of the Club's Executive Leadership Team and other senior staff,” agreed at the outset to reduce or defer their wages by up to 30%.
Everton fans have donated £400,000 by offering their season ticket and membership refunds to EitC, a figure matched by club owner Farhad Moshiri and chairman Bill Kenwright.
“This remarkable show of unity has enabled the club to maintain the salaries of all Everton and Everton in the Community full and part-time employees — all of whom have remained in full employment throughout this period — and enabled the Club to continue to pay its directly engaged matchday and non-matchday casual staff since our Club lockdown began on 13 March,” she continued.
Everton are hopeful that the first-team, who have been back in training for 3 weeks now, will resume their league campaign on 21 June against local rivals Liverpool at Goodison Park.
Discussions with the city council and “other organisations” are ongoing to decide whether it will be safe to play the match in Liverpool amid concerns that supporters will congregate outside the stadium even if they are not permitted inside.
“Whilst it may go against every instinct you have as a football fan I, most respectfully, appeal to you, on behalf of the club and players, to please stay safe and stay at home to watch our games on the television,” the CEO appealed, “and not to consider heading to the stadium or gathering as part of a group in any other public places.”
Reader Comments (24)
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1 Posted 09/06/2020 at 21:41:30
2 Posted 09/06/2020 at 21:56:12
I suspect Steve that you will get some flak from some on here who will argue that the players should have taken pay cuts rather than agree to deferrals but for now I'll reserve judgment on that score. Yes, well done to all.
3 Posted 09/06/2020 at 22:34:32
4 Posted 09/06/2020 at 22:41:36
According to some sources the players and staff, by deffering or reducing their salaries for the next 3 months will have saved the club £10M for that period.
5 Posted 10/06/2020 at 00:55:50
6 Posted 10/06/2020 at 02:26:07
Seems the fans have raised nearly £400,000. While the real big earners have just 'deferred'. Net cost to them: £zero and some still very well paid for time until it all defers back into their bank accounts down the track.
Also, as has been said before, just how much did #PlayersTogether raise... oh no sorry can't tell you that, it was all anonymous (and not compulsory either) but it went into the big NHS fund and thus untraceable... fairplay to any who did chip in though.
7 Posted 10/06/2020 at 05:05:52
The way things are going, that could ostensibly be much later in the year, or even next year, which is when the experts have predicted that all tests will have been completed and a successful vaccine will be manufactured.
8 Posted 10/06/2020 at 05:54:24
It should not be used to admonish those who chose not to participate but, with wages at around 80% of revenue, there may be more pressure on to raise funds through the transfer market to cover the eventual cash flow and spike in wages that will result.
9 Posted 10/06/2020 at 08:11:39
Proud to be an Evertonian, well done to all involved.
10 Posted 10/06/2020 at 08:19:28
Players earning millions per year should have taken a reduction and not just a deferral IMO. Surely, they don't spend each and every penny of their colossal salaries on their daily lives, have substantial savings and investments and the rest. They won't default on their mortgages FFS, like many people will be forced to do. I'm okay because I'm in my seventies and retired. But I feel sorry for those back home, who are really struggling, isolated in apartments with no balconies/gardens or yards. Must be going stir crazy.
Being an ex-pat in a country with very low incidence of the virus, I hope the UK gets Covid-19 under control quickly. I suppose that's why I think it is crazy to restart the 2019-20 EPL and other such events too soon.
Keep well, stay safe.
11 Posted 10/06/2020 at 08:42:57
Another interesting part of the statement is that the deferral was agreed at the start so is not something recent. I don't remember the club shouting from the rooftops about it at the time which again shows class. I donated parts of my refund which is probably what a large number of STHs have done.
12 Posted 10/06/2020 at 09:17:14
Personally, I kept my season ticket refund. I haven't received a penny of taxpayer support during the crisis and have been living on savings, while the employees of the club – not least the players – are still on full wages (even if some of them won't get all of it immediately). There's no way I'm going to applaud players who are on a hundred grand a week for deferring fifty grand of it til the end of June.
13 Posted 10/06/2020 at 09:41:03
Ultimately that strength will continue percolate through he club and strengthen it. Any player who signs or plays for Everton should be aware of the quality of club they are coming to and embrace it.
14 Posted 10/06/2020 at 10:02:53
15 Posted 10/06/2020 at 10:23:17
I just want to applaud our great club. When others put their staff on furlough, or tried, we've looked after the ordinary people. Brilliant.
16 Posted 10/06/2020 at 10:35:41
The players have deferred between 30 & 50% of their salaries for 3 months. I would have liked to have seen them reduce their salaries for 3 months rather than just defer payment till later in the year, but it's still a gesture that I am sure will help the club at this time.
I am very proud that there was never any talk of furloughing our staff, when much wealthier clubs couldn't wait to try and use the system, even if they decided not to in the end.
17 Posted 10/06/2020 at 14:32:35
18 Posted 10/06/2020 at 15:22:59
19 Posted 10/06/2020 at 15:55:27
No, you're right, I don't know whether - or how much - the players have donated, and I'm delighted that Everton are one of the most community-centred clubs in the Premier League. However, I think it was the wrong thing to do to baldly ask the fans to donate money they were owed for a service not provided. It played on their guilt, and it put them in a position where they felt a moral obligation to donate. To tick the box saying "give me back my money" was difficult, a bit like pissing in a charity box.
I would imagine the average season ticket holder earns less than one per cent of the average first team player at Everton. So perhaps each player could publicly match one hundred season ticket holders' donation as nice little gesture of solidarity?
20 Posted 10/06/2020 at 16:23:20
21 Posted 10/06/2020 at 16:24:27
22 Posted 10/06/2020 at 17:18:31
23 Posted 10/06/2020 at 21:00:43
24 Posted 12/06/2020 at 09:19:19
I wish everyone out there safer times ahead.
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