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Reduction of salaries to avoid an ERTE in Levante: includes the president, technician and staff

first_imgLevante announced this Sunday that it has reached an agreement with the squad and coach Paco López to lower their wages for the 2019-20 season to twenty percent if the competition is not resumed and one percent in the case of playing the last eleven days of LaLiga open door.The agreement, in addition, also includes the possibility that the reduction will be three percent if the competition resumes behind closed doors, as reported by Levante in a statement, in which he explained that The agreement has been closed with the team captains, Sergio Postigo, Roger Martí, Coke Andújar and José Luis Morales. The Valencian club has explained that the agreement, between which The president, Quico Catalán, is also included, with the aim of “reducing the impact of the current situation on the economy and, more specifically, its consequences in the professional football sector given the uncertainty of the return of the competition.”Levante has also reported that cWith this measure, avoid taking “drastic labor measures for the rest of the club’s workers” and thanked the “collaboration, predisposition, compensation and generosity” of the staff and coach Paco López.The Valencian club, as reflected in the accounts of the General Shareholders’ Meeting of last December 2019, has a staff and coaching staff expense of the first team of 40.2 million euros budgeted for this year.last_img read more