Sporting Lisbon were fourth in the table when the league was suspended last month. (File Photo | AP) 
Football

Coronavirus outbreak: Sporting Lisbon cuts players' wages by 40 per cent

Sporting Lisbon were fourth in the table when the league was suspended last month, trailing leaders Porto by 18 points.

From our online archive

LISBON: Sporting Lisbon have placed most of the club's staff on partial unemployment and reduced player salaries by 40 percent to mitigate financial losses after the season was suspended because of the coronavirus pandemic.

The Lisbon club said in a statement released by the stock exchange authority late on Wednesday that 95 percent of its workforce would go on "temporary suspension" or face "reduced working hours".

The decision follows a move to slash first-team player and staff wages by 40 percent.

The board of directors will also take a 50 percent pay cut, the club added.

Sporting were fourth in the table when the league was suspended last month, trailing leaders Porto by 18 points with 10 rounds of matches left in the season.

SC takes suo motu cognisance of Twisha Sharma dowry death case, hearing on Monday

Rubio meets PM Modi in Delhi, calls India ‘cornerstone’ of Indo-Pacific strategy, shares White House invite

Iran and US are close to an understanding aimed at ending the war, officials say

WFI policy 'exclusionary': Delhi HC lets Vinesh Phogat appear for Asian Games selections trials

Cockroach Janta Party surge shows public distress: Prashant Kishor

SCROLL FOR NEXT