Everton are facing a wage CRISIS if Frank Lampard cannot save them from relegation, with many players to stay on Premier League wages – including some earning near £100,000-a-week
- Everton hover perilously above the relegation zone after a 5-0 loss to Tottenham
- The Toffees have a number of senior players earning around £100,000 a week
- Everton face a wage crisis, even if some stars have reduction clauses on wages
Everton face a major wage crisis if they lose their Premier League status with players to remain on the same basic salaries even if they are relegated.
According to multiple sources, the club will be contractually obliged to continue paying players their current Premier League basic salaries next season even if they are consigned to the Championship – though Everton insist members of their squad do have pay reduction clauses in the event of relegation.
In theory, players could forgo bonuses or other incentive rated add-ons if they fail to beat the dreaded drop – but Everton insist they can’t go into detail about how their pay deductions work due to employee confidentiality.
Frank Lampard is attempting to save Everton from relegation to the Championship this season
The Toffees face prospect of playing players the same wages in the Championship as they are paying in the Premier League, though the club insist players do have relegation wage clauses
Relegation wage slash clauses, especially among the clubs towards the lower reaches of the Premier League, have become commonplace in playing contracts as teams look to avoid the prospect of financial ruin should they suffer the drop.
Yerry Mina, Andre Gomes, Jordan Pickford and Dominic Calvert-Lewin are among the club’s top earners; taking home in the region of £100,000 per week.
The Toffees would surely look to offload their top-earners if they are relegated to safeguard the club’s financial future.
Similarly, Everton’s top stars would almost certainly look to leave Goodison Park to continue playing top-level football.
Ex-Barcelona pair Yerry Mina (left) and Andre Gomes (right) are big earners at Goodison Park
The club suffered another significant financial blow last week after suspending all commercial and sponsorship activities with Russian companies USM, Megafon and Yota in the aftermath of the country’s invasion of Ukraine.
The Toffees are in serious danger of going down following a dreadful top-flight season that currently sees them just one point from safety, though they do have a game in hand over Burnley who currently occupy the final relegation spot.
Frank Lampard’s side suffered a humiliating 5-0 defeat to Tottenham on Monday night to leave them further entrenched in relegation trouble.
There is a feeling inside the club that their next two Premier League fixtures against Wolves and Newcastle will be crucial towards the club’s battle for survival.
Everton have been strong at home under Lampard, indeed the fact that both league fixtures are at Goodison Park leaves will encourage the club they can pick up two positive results.
England and Everton No 1 Jordan Pickford is another on in the region of £100,000 per week