Iwobi Set For 50% Pay-Cut At Everton

Super Eagles midfielder Alex Iwobi and his teammates at English Premier league outfit ,Everton are all set to have a 50 per cent Pay-Cut.

In an email to supporters sent out on Tuesday night,Denise Barret-Baxendale, Everton's chief Executive, explained the process behind the decision and revealed that talks with the players have been ongoing since the Coronavirus Pandemic shut  football down temporarily.

"The First Team squad have now voluntarily agreed to deferrals of up to 50 per cent for the next three months. Everyone who has taken these reductions and deferrals have done so in the spirit of the club and I would like to express my thanks to them for demonstrating such Integrity," Barret-Baxendale said .

Everton's manager, Carlo Ancelotti and the rest of his staffs immediately agreed to take 30 per cent reductions  in their salaries,as did other leading figures within the club such as Marcel Brands, the Director of football, and the Club's Chief Executive, Barret-Baxendale.