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Report: Premier League clubs hoping to defer wages during health crisis

Steven Paston - PA Images / PA Images / Getty

Premier League clubs are hoping to ease cash flow issues caused by the recent work stoppage by striking a deal to defer players' wages, according to The Athletic's Adam Crafton.

Clubs are wary of the financial problems they'll face in the coming weeks and months without top-flight football. The United Kingdom is currently under lockdown in an attempt to slow the spread of the coronavirus.

It's unclear if clubs will receive payments from broadcasters and sponsors during the hiatus. Some broadcasters in the world of sports have cited force majeure as a reason to cancel or withhold payments.

The Athletic previously reported on March 19 that Premier League clubs could lose £762 million in broadcast revenue if the 2019-20 season isn't completed.

The Premier League postponed matches until April 30, but it's unlikely play will resume by then. England's deputy chief medical officer said Sunday the lockdown could run into the autumn months.

Clubs apparently want to take a unified stance on wage deferrals, but Newcastle United acted unilaterally Monday by putting employees on a leave of absence. Players for Championship side Leeds United already agreed to defer their wages to guarantee the salaries of all non-sporting staff.

However, smaller clubs are considering more robust measures, according to Crafton, including reductions in salary.

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