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Four Players agree to Wage Cuts

Brian Laudrup

By Brian Laudrup
in Jimmy Bell's Kitroom

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Brian Laudrup

Brian Laudrup 25

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FOUR of Rangers' top earners last night became the first to sign up to massive wage cuts in a bid to save the ailing club.

Steve Davis, Allan McGregor, Steven Whittaker and Steven Naismith all agreed to salary hits of 75 per cent after FIFTEEN hours of negotiations yesterday.

And if the rest of the squad follow suit this morning then the administrators are set to waive anymore cuts to the playing staff.

After yet another day of drama sources close to bean counters Duff and Phelps confirmed the deals had been struck after Naismith and

Whittaker were seen speeding out of Murray Park at 11pm.

It's understood Whittaker and Gers diehard Naisy had stayed on to try and cement an agreement with the bean-counters on no more of their teammates being shown the exit door.

They were also desperate to have an assurance that no non-football staff would lose their jobs.

While they couldn't get written agreement on the latter it's thought joint administrators Paul Clark and David Whitehouse did give them a statement of intent.

SunSport revealed on Wednesday that skipper Davis, front-man Naisy and right-back Whittaker had angrily clashed with administrators after accusing them of trying to force them into taking cuts.

Scotland keeper McGregor has also been a key influence in talks with the bean-counters over reaching agreement on wages.

Last night they were given some of the assurances they'd been looking for and finally put pen to paper to take home just a quarter of what they used to earn.

McGregor, Davis, Naismith and Whittaker signed up to new long-term deals only last year but will now see their weekly returns drop from five figures to four.

But the news will be a huge boost to Clark and Whitehouse — as well as worried Gers fans — after they had insisted deals with the squad needed to be done today to avoid savage compulsory cuts being implemented.

Read more: http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4182405/Big-4-agree-to-cuts.html#ixzz1oZzILK6y

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StublueKPL

StublueKPL 524

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Good news for the club, and if this can stop any forced redundancies behind the scenes, even better.

Those are the sort of wages we should be paying for the SPL and I hope that any prospective owner realises this.

Its alright saying that but we won't get many players of macgregor/davis etc calibre by paying 5k or whatever a week.I

Well done guys anyway. For anyone to accept 75pc cut is a hard ask.

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Jig

Jig 14

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Lets hope they dont have silly sell on clauses, no point keeping them now for pointless matches and then losing them for pennies when we start out rise again next season.

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caseyjones

caseyjones 3,009

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Its alright saying that but we won't get many players of macgregor/davis etc calibre by paying 5k or whatever a week.I

Well done guys anyway. For anyone to accept 75pc cut is a hard ask.

They could always get a start next to you if that's not enough! :D

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caseyjones

caseyjones 3,009

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Lets hope they dont have silly sell on clauses, no point keeping them now for pointless matches and then losing them for pennies when we start out rise again next season.

The administrators wanted short-term funds to keep us going this season. It could also stop us having to make unnecessary cuts to the general staff. We just need to hope that it doesn't cost us in the long run.

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Jig

Jig 14

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The administrators wanted short-term funds to keep us going this season. It could also stop us having to make unnecessary cuts to the general staff. We just need to hope that it doesn't cost us in the long run.

Thanks for that caseyjones. Agreed mate.

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kplfishtank

kplfishtank 4,657

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Means they were being paid too much to start with. From this day on no Rangers player should earn more than 500,000 a year that's just under 10k a week. If they think they are better than that then check out the euro results and look to Apoel as inspiration that money doesn't mean better. I heard that the Cypriot team has a budget of 1m a year for whole squad. Yet they have achieved something both our big clubs , spending fortunes,have failed to achieve.

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mclovin9091

mclovin9091 1,388

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Never doubted they would sign, but im annoyed that people have slated these players for not signing. As far as im concerned the only reason they had no signed sooner was this:

They were also desperate to have an assurance that no non-football staff would lose their jobs.

Granted they haven't quite got this but imagine the uproar if D+P went back on this.

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