It is not the player’s fault for taking what he was offered, but to be left as the one player on Premier League wages for the club in next season’s Championship will not be comfortable for him or for a club with debts of £110.4m to try to get down in straightened circumstances. But a majority of League One clubs have voted in favour of it, meaning Sunderland have been powerless to stop it. SUNDERLAND, ENGLAND - FEBRUARY 22: A view of the stadium before the Sky Bet League One match between Sunderland and Bristol Rovers at Stadium of Light on February 22, 2020 in Sunderland, England. Winger opens up on life after Sunderland, struggling in non-league and how he's moved 3,500 miles to get career back on track. Completely flat wages for four years are unlikely, but an agreement with limited slippage is likely to boost market confidence and lead to lower borrowing costs. Total wage bill: £63m. For a better experience, please enable JavaScript in your browser before proceeding. 23. Catlin, however, believes there are a growing number opposed to the salary cap, he told the Portsmouth News: “I don’t think there is a certainty that the salary cap will go through. The Wearsiders’ wages are reckoned to be on a par with Leicester City, then-reigning champions and Champions League quarter-finalists. Cardiff City League position: 2nd (Championship) Total wage bill: £48m. Lee Burge makes a save against Shrewsbury Town, Sunderland goalkeeping coach Lee Butler (left) with Anthony Patterson. “Over the last two weeks the discussions amongst Clubs in both Leagues One and Two have been healthy and constructive, allowing us to reach a clear consensus today and I am pleased that the Clubs have determined to adopt the new approach. TAMPA, Fla. (WFLA) -- Republican Florida Sen. Rick Scott introduced a new bill this week that would significantly change Florida election laws and potentially disenfranchise millions of voters, including Florida's military servicemembers. ... Sunderland AFC The draw for the first round proper of the 2020… If we're still paying Cattermole £20k per week that's £1m right there..... (without any assumptions about NI or pension payments, just a lump sum £20k). Updated to match(es) played on 10 March 2020. They have not been so high in the division since the days of Steve Bruce. Only directors' pay has to be separately disclosed. Read more at the SA government's online coronavirus portal or use the 24-hour public hotline: 0800 029 999. PETER BRUCE: DA’s elective congress: colour-blind or short-sighted? So people say, I don't know. Roker Report’s Score Predictions: Sunderland v Peterborough United. You must log in or register to reply here. Register (it’s quick and free) or sign in now. Even with parachute payments to soften their fall, it is a hell of a long way for Sunderland’s finances to drop. Relegated sides Middlesbrough and Hull City do not figure, but neither do Burnley, Watford or ninth-placed Bournemouth. Already, the cut in non-wage spending planned in June was likely to lead to a significant erosion in already weak service delivery. ", This website and its associated newspaper are members of Independent Press Standards Organisation (IPSO). It’s understood that the meeting is also meant to set the tone for wage negotiations this winter amid concerns that government may offer workers a 0% wage increase. Going into Covid, there was a general awareness that expenditure needed to be cut and growth boosted. (Photo by Ian Horrocks/Sunderland AFC via Getty Images), When you subscribe we will use the information you provide to send you these newsletters. An EFL statement confirmed 'discussions continue with Championship Clubs in respect to amendments to their own financial controls.'. Whilst there […] So did five of the teams who reached the knockout stages of the Champions League, with Napoli, Sevilla, Benfica and Bayern Leverkusen failing to make the list, as well as a Monaco squad which will be greatly in demand this summer, with Manchester City having already started to sink its claws into it. Newcastle United, with gates bigger than most top-flight clubs, got only around £7m for winning the Championship. But if the tough line on wages collapses, it becomes impossible for SA to avoid the passive path outlined in Mboweni’s June supplementary budget. The trillion-rand question is whether there is the political appetite to hold this very unpopular line with public sector unions. Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January. With that combination, the MTBPS is solid — aside from the allocation of R10bn to SAA. Five clubs reached the Champions League knockout stages on lower wage bills than the bottom-of-the-table Black Cats last season, Get the latest SAFC updates & transfer news straight to your inbox by signing up to our FREE newsletter. JOHANNESBURG - Eyewitness News can reveal that of the 30,000 public servants who were expected to take up the offer of early retirement in the public service offer, only 4,600 employees have shown any interest. In June, four months into the Covid crisis, finance minister Tito Mboweni announced ambitious spending cuts of R230bn in the two years starting from April 2021. 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