Watford face a damaging financial headache if they are relegated as a number of their stars have their salaries ring-fenced, according to a report by Sportsmail.
The majority of players at Vicarage Road are contractually obliged to take pay cuts of up to 50 per cent if Watford are relegated to the Championship this week.
But a number of their biggest earners are not bound by those deals. The prospect of players continuing to receive Premier League money while playing in the second tier would become a major strain on the club’s finances.
Read Also: Ighalo Seeks 1st Goal In 24 Straight EPL Games, 4th Against West Ham
It would almost certainly mean Watford looking to sell their highest earners, although, parachute payments could make it easier to sustain the existing wage bill in the short term.
The Hornets look destined for relegation as they were pounded 4-0 by Manchester City at Vicarage Road on Tuesday while they will meet Arsenal at the Emirates Stadium on Sunday to finish off the season.
Success missed Watford’s Premier League loss to Man City as a result of a long-term injury while compatriot, Dele-Bashiru failed to make the match-day squad.
The former has made five league appearances this season while the latter is yet to make his EPL debut for the club which is still close to the relegation spot.
By Oluyemi Ogunseyin
Copyright © 2020 Completesports.com All rights reserved. The information contained in Completesports.com may not be published, broadcast, rewritten, or redistributed without the prior written authority of Completesports.com.
You may be interested
Bandits killed 300, abducted 200 in Niger State within two weeks, says…Webby - January 19, 2022
Three hundred people have been killed in more than 50 attacks by terrorists across communities in Niger State in the…
Senate President, Ahmed Lawan, says Buhari never directed fuel subsidy removalWebby - January 19, 2022
The Senate President, Ahmed Lawan, has said that President Muhammadu Buhari has not directed anyone in his administration to implement…
Buhari departs for Banjul todayWebby - January 19, 2022
President Muhammadu Buhari will depart Abuja today for Banjul, Republic of The Gambia, to attend the inauguration of Gambian President,…