Dortmund squad agree to another pay cut

Players will stop collecting an additional 10 percent of their salaries due to the club's financial losses due to the coronavirus crisis.

Dortmund-squad-agree-to-another-pay-cut

Borussia Dortmund would have reached an agreement with its players to introduce a further reduction in the salaries of the squad members, according to the German newspaper Ruhr Nachrichten published on Monday.

According to this information, players will stop receiving an additional 10 percent of their salaries due to the club's financial losses due to the coronavirus crisis.

According to the newspaper, no date was set for the completion of the measures. However, the reduction will be maintained as long as spectators are not allowed to enter the stadiums. The management team also joined the salary reduction agreement.

The first pay cut was agreed to in spring 2020. In total lockdown at that time, players gave up 20 percent of their pay. Later, during the closed-door game phase, an additional 10 percent was added.

Thanks to this new pay cut, Dortmund will save seven figures each month. According to the Ruhr Nachrichten, base salaries amount to € 13 million per month. The club loses around four million euros for every game played at home without box office revenue.



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