- England captain set to defer £300,000 of his pay
- Saracens say salaries will be repaid over 18-month period
Owen Farrell, the England captain, is set to defer almost £300,000 in wages as part of drastic measures adopted by Saracens owing to the coronavirus crisis. Fellow England players such as Maro Itoje and the Vunipola brothers are set to be similarly affected as the disgraced Premiership champions fight to stay afloat.
Saracens have asked all players earning more than £75,000 to defer wages until the start of next season – currently scheduled for September – and for Farrell that means a deferral of around 90% of his wages for five months. The measures would lead to the majority of their squad affected, with wages deferred, and suggest a degree of scepticism at Saracens that their current Premiership campaign will be finished.
Written by Gerard Meagher
This news first appeared on https://www.theguardian.com/sport/2020/apr/15/owen-farrell-to-defer-majority-of-wages-to-help-keep-saracens-solvent under the title “Owen Farrell to defer majority of wages to help keep Saracens solvent”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.
