Hull players to have salaries slashed by 50%

‘Everybody takes a huge reduction in salary’ says Steve Bruce

Steve Bruce has revealed that Hull players will have their salaries slashed by up to 50% if they are relegated.

The Tigers are fourth-bottom of the Premier League with one of the toughest run-ins and the Hull manager said all players’ contracts have been set up to protect the club financially in the event of relegation.

Hull have the third-lowest total wage bill in the Premier League, £43.3m in 2013-14 according to figures filed in Companies House, with only Leicester and Burnley paying less overall.

Bruce, speaking ahead of Hull’s trip to Crystal Palace on Saturday, said: “We are a newly-promoted club who have been in the Premier League about 20 months so we always knew we were going to be up against it.

“Everybody concerned takes a huge reduction in salary. The club has had a really, really stringent policy so that if we do get relegated the club doesn’t fall into drastic times which a lot of clubs do.

“Most players take a 40 and 50% reduction in their salary which is key throughout it all. So we are all realistic to know that yes we want to avoid going into the Championship but we have made sensible provisions, our budget is pretty stringent, so that the club doesn’t leak into the realms it was before and I think that is very important for a club like ours.”

Bruce said battling to avoid such a huge drop in salary should act as a big incentive for his players. He added: “Absolutely - I think they need reminding of that! For a club like ours it’s the right provision.

“If you get relegated it’s a major overhaul and you basically start over again on your journey, but you want to remain positive and make sure the club doesn’t go through the horrendous times of four or five years ago before the current owners took over.”

Hull have not won for two months, their last win being a 2-1 victory over QPR, and desperately need to end the run with matches against Liverpool and Arsenal to come.


Guardian