A 92 percent salary reduction
Let’s use an example of a player on a 10-month contract and earning 2,500 euro per month. For the entire season he would receive 25,000 euro. From August through mid-March he has collected 75 percent of his salary. He would still get 25% (or 6,250 euro) in total for the months of March, April and May.
If his annual salary would be reduced by 23 percent, as proposed by the CFA, then he will only collect 2% of his remaining salary, which totals 500 euro for the months of March, April and May. This is a reduction of 92% on the salaries from this period.
Of course, players in Cyprus understand that in these extraordinary circumstances they could help their clubs financially if necessary, but they have also made clear that any offer must be proportionate. They question is if the CFA is also looking after the interests of the players or only considering the interests of the clubs.
FIFPRO is supporting its member, PASP, and advises the players, the CFA and the clubs to collectively come to an agreement which would be fair and reasonable for all stakeholders involved.
