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Moyes and other senior management agree to pay cuts

Claret and Hugh have been told that all senior management on playing and non-playing side at West Ham have agreed to pay cuts in line with the players’ proposal tabled last Friday.

This is said to include manager David Moyes who is thought to earn £2m per year and Vice-Chairman Karren Brady on £1.13m who confirmed she is willing to take the same pay cuts as the players.

How far down the Hammers management chain this will go and who is classed as senior management is unclear at this moment of time.

The Hammers monthly payroll is over £10m and there were serious doubts over the ability to carry on paying this from May without the injection of £30m through a rights issue as revealed yesterday. The club faces a cash flow shortfall of up to £80m.

West Ham has decided not to furlough staff in the same way Spurs and others have told but as the weeks’ tick by without income pressure will mount on the Hammers bank balance.

The club hopes a compromise can be reached with the players and the PFA to defer wages until the season is finished but that is far from agreed.

West Ham is no different from other clubs and businesses and they simply don’t have massive cash reserves to bankroll the payroll for months while there is no income streams.

 

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About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter

4 comments on “Moyes and other senior management agree to pay cuts

  1. I don’t need a Union to tell me what to do with my wages! Make your own decisions!

  2. It’s easier for West Ham to pay their non playing staff as it is nowhere near any other Clubs non playing staff levels.
    Most of the staff on matchdays are employed by the London Legacy mob I think, but not by West Ham.
    I understand that those not on West Hams’ payroll have been laid off with no pay, I feel for them but will they get anything from the Club?
    What if they feel hard done by and refuse to return to work on matchdays, how does that leave West Ham, well, they wouldn’t be able to play would they?
    Same as all the other Clubs who have furloughed their non playing staff, what if they don’t go back, what then ? I’ll tell you NO FOOTBALL WOULD BE POSSIBLE

  3. Maybe the players might offer to pay the furlough for the full time staff?

  4. Sean, I wonder if Pellegrini and his coaching staff have taken a cut ?
    I believe they are all still on the wage bill and are the biggest earners at the club.
    We have two management teams on the payroll !

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