Having experienced tough financial liquidity in the last five months, a handful of Premier League clubs have reached a decision to suspend the operations of playerís contracts until such a time when football fully returns to the field.
WeekendSport established that elite clubs feel incapacitated to continue paying players while their coffers are running dry, this is because there is no source of income, either from individual team sponsors or television right grants.
Worse still, even if the game is given the greenlight, spectators are not yet allowed back in the stands for clubs to generate money from gate takings.The clubs that include high paying Township Rollers, Gaborone United, BDF XI, Orapa United, and Jwaneng Galaxy have all agreed with their players that they will instead pay allowances until the situation gets back to normalcy.
Rollers has agreed to give each player P 3.500 as allowance but will also pay rentals on behalf of players. GU, Orapa, Galaxy, and BDF XI have all gone for half salaries and the arrangement has now reached its second month.Rollersí monthly wage bill is about P 400 000 and it has never be augmented since COVID- 19 ran amok in March of this year.
The team argues that even their sponsor, Stanbic Bank, bore the brunt of the disease, therefore incapable of living true to the terms and conditions of the contract.Orapa and Galaxyís stories are similar. Both are powered by Debswana and when the virus bolted into Botswana football, they decided to offer half salaries.
Their decision to give pay cuts solely rested on the ability of Debswana Diamond Company to soldier on amid the distress brought about by the virus. The company announced that they too have been hit hard as their income has dwindled. The realization meant that Debswana will cut club funding by 30% to remain afloat.Galaxyís monthly salary bill is about P 450 000 while that of Orapa is P 375 000.
Albeit both clubs are benefiting from the Debswana sponsors, the figures they receive are not uniformed. Orapa United is getting P 2 million per season while Jwaneng Galaxy sees P3.5 million over the same space in the year.When the 30% cut is implemented, it effectively means Orapa United will get P600 000 per year while Galaxy will receive close to P1 million. Usually, both clubs use the money for purchasing of players with the lionís share consumed by settlement fees, commonly referred to as signing on fees.
As early as this week, BDF XI also began negotiations with players to offer allowances until the future of football becomes clear. However, only players who are not working for the BDF army will be affected while those who are soldiers will remain on full pay. The policy has also been adopted by Police XI.Prisons XI, Security Systems, BR Highlanders as well as Morupule Wanderers have gone into allowance strategies to continue surviving amid the coronavirus threat.
However, Football Unionsí Botswana (FUB) Secretary General, Kgosana Masaseng says his union will try to exert pressure on the football leadership to release COVID-19 funds for the benefit of players. ďPlayers are living in a very uncompromising situation, it is tough outside. We understand that quite a number of clubs have suspended the operations of the contract because of lack of income but we will do our best to make sure that players are assisted.
One of the intentions is to negotiate with BFA to see how possible it will be for the FIFA Covid fund to be used to pay players until everything gets back on track,Ē he said.
After falling to close the gap on Arsenal by losing to a record breaking goal by Kane at the Tottenham stadium.Manchester City now find themselves being charged by the Premier League with more than 100 breaches of its financial rules following a four-year investigation.
According to BBC , it has referred the club to an independent commission over alleged rule breaches between 2009 and 2018 , and also that Man-city has not been co-operating since the investigation which started in 2018 .
BBC further states that The commission can impose punishment including a fine , points deduction and expelling the club from the Premier league.
The alleged breaches include ,¬† breaching rules for requiring full details of manager remuneration,from 2009-2010, to 2012-2013 seasons when Roberto Mancini was in charge . Also player remuneration between 2010-2011 and 2015-2016.
The Premier league stated that City breached rules related to UEFA regulations , including Financial Fair Play , from 2013-2014 to 2017-2018 ,as well as Premier League rules on profitability and sustainability from 2014-2016 to 2017-2018
The Manchester United defender will now focus on his club career having made 93 caps for France, appearing at three world cups and on European championship. The Les Bleus won the World cup in 2018 and Raphael Varane started all but one of France‚Äôs matches in Qatar as they finished as runners up to Argentina