West Ham personnel to get 25% reduction in their wages
The Hammers’ new owners, David Gold and David Sullivan, found a debt of $ 170 million and a culture of ‘fat cows’ at Upton Park. Londoners coach Gianfranco Zola would have preferred that the announcement was not made a day before the game against Birmingham at St Andrews.
West Ham have a salary expenditure of 95 million dollars a year and need to make a cut urgently to prevent something worse. The team’s situation is very bad considering their goals and they have players with very high salaries.
For example, midfielders Scott Parker and Kieron Dyer earn 100 thousand dollars a week and are almost ex-players. Matthew Upson is on a 95 thousand per week salary while Manuel Da Costa, a fringe player, gets over 30 thousand a week.
But players will not be the only ones to suffer a drop in their wages, as many employees will also be cut 25% of their income and even 15 of them have voluntarily accepted the reduction.
The coach, Gianfranco Zola, known to Argentines when he replaced Diego Maradona in Napoli when the current Argentine coach left the team, gets nearly three million dollars a year and says he does not care about money, but that the announcement will affect his players prior to matches that are very important to ensure that West Ham stays in the Premier League.
West Ham is considered one of the major academies of English football and products in the likes of Frank Lampard and Joe Cole among others were raised in their youth program, but for some time now they’ve been scratching relegation in continuous decline and its fans are left only with the hope that the new owners’ plan work and regain lost respect.
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