Claret and Hugh understand that the proposal would see a 30% reduction of the annual wages for all players in the top flight saving clubs up to £870m from their £2.9 billion annual bill.
However, if the current Premier League season was completed in full in front of normal capacity crowds then the reduction would only act as a deferment with the 30% refunded to the players on completion of the season.
If the games were played behind closed doors then only a percentage of thirty per cent wage cuts would be returned to the players.
In West Ham’s case, the annual wage bill was £136m last year so a thirty per cent reduction would save the Hammers £40.8m should the season be cancelled.
The Premier League could be forced to forgo £762million in TV money if the season is not finished which would cost each club £38.1m if split evenly.