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Phil Hay shares Leeds news on relegation clauses after crucial 4-2 win v Wolves
Many Leeds United players will have relegation clauses in their contracts to reduce their wages if the club suffer relegation, according to Phil Hay.
The Whites are currently in a tight relegation battle once again in the Premier League with their 4-2 win over Wolves on Saturday taking them up to 14th in the table just two points from the drop zone after starting the day in 19th.
And Hay shared some news on the nature of the player’s contracts if the club drop down to the Championship.
Asked in his The Athletic discussion column [18 March] if some of the players will have relegation release clauses in the current deals, he said: “Many will.
“Most will also have clauses to reduce their wages if Leeds go down. If you’re sensible, you have to do that when you sign players in the Premier League. Otherwise, there’s a risk of your wage bill killing you.”
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The Whites have certainly taken initiative and protected themselves financially if they are to suffer relegation from the Premier League at the end of the season.
Enforcing clauses in regards to the players losing their wages should that happen is the right way to go as the club could suffer financially if many of their big players remain on huge wage packages.
It’s an incentive for the players to try their utmost in steering the club away from such a needless and terrible position, as no footballer would want to suffer a decrease in their wages.
The club board have left the ball in the player’s courts with these relegation clauses and it makes perfect sense as the financial state of the whole club is simply paramount in these instances. If the Whites need any previous examples, just look at Portsmouth and the state they were in after they dropped out of the English top flight.
In other Leeds United news, the club may now face a losing battle to keep their star player at Elland Road beyond the summer transfer window.
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