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PSV players and staff again give up part of their salary during corona crisis | NOW

For the second time in the corona crisis, all PSV employees have made a salary sacrifice. Due to the matches in empty stadiums, the club has lost 20 to 25 million euros in income.

PSV wants to oppose Eindhovens Dagblad not say how high the players’ wages sacrifice is, but it would be a “substantial amount”. For example, players would forgo the bonuses to which they are entitled.

Coaching staff, management and other staff members also hand in part of their salary now that it is hardly possible to play with the public this season.

In addition to wage sacrifices, PSV also saves on expenditure by postponing planned investments. “This reduces our expenditure and that is more than welcome in these financially difficult times”, says Managing Director Toon Gerbrands. Eindhovens Dagblad. “Unfortunately, it is far from enough to make up for the impact of corona on this season’s sales.”

One of the postponed investments is the construction of a small stadium at De Herdgang, where Young PSV and PSV women play their matches. Investments in catering in the Philips Stadium, for example, have also been canceled for the time being.

Gerbrands asks for clarity from the government

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Gerbrands calls on the government to quickly provide clarity about the coming season. “It is important that soon there will be clarity about how we can deal with the admission of the public next season. We need to clarify this to supporters and sponsors in the short term. We hope that the government will soon come up with a plan for our sector.”

PSV is currently well behind leader Ajax second in the Eredivisie. The club from Eindhoven competes with AZ for second place, which entitles them to participate in the preliminary rounds of the lucrative Champions League.

View the stand and the program in the Eredivisie

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