
giggler99
Moderator
Looks like I'll be posting a few more of these articles.
Western Sydney Wanderers stand down entire squad
Dominic Bossi
Western Sydney Wanderers have stood down their entire squad and staff indefinitely due financial losses stemming from the postponement of the A-League.
The club is facing significant cash flow problems as a result of the competition's shutdown due to the COVID-19 pandemic, losing match day revenue and sponsorship. It is also unlikely to receive the final quarterly windfall of the A-League's broadcast deal with Fox Sports, worth close to $900,000 per club.
Players, coaches and administrative staff at the Wanderers were told on Tuesday they will not be required to work and will not be paid until the club knows when the competition will resume, which will be no earlier than April 22. The club and the A-League players' union confirmed stand down notices were issued to all players and staff when contacted by the Herald on Wednesday.
The Wanderers have become the third A-League club to stand down its entire roster while the competition is suspended, following Perth Glory and Central Coast Mariners in issuing stand down notices. In a worrying sign for the future of the competition, they aren't expected to be the last.
Senior A-League sources expect a handful of other clubs to not be able to pay their squad until games resume. While final announcements are yet to be made, sources expect Brisbane Roar, Adelaide United, Western United and Newcastle Jets to also issue stand down notices this week.
The A-League is in a precarious financial situation with the competition and Football Federation Australia already preparing for the possible end to their broadcast deal with Fox Sports. The Pay TV provider is expected to try and walk away from its contract with the A-League if the competition fails to provide content for an extended period of time.
www.smh.com.au
Western Sydney Wanderers stand down entire squad
Dominic Bossi
Western Sydney Wanderers have stood down their entire squad and staff indefinitely due financial losses stemming from the postponement of the A-League.
The club is facing significant cash flow problems as a result of the competition's shutdown due to the COVID-19 pandemic, losing match day revenue and sponsorship. It is also unlikely to receive the final quarterly windfall of the A-League's broadcast deal with Fox Sports, worth close to $900,000 per club.
Players, coaches and administrative staff at the Wanderers were told on Tuesday they will not be required to work and will not be paid until the club knows when the competition will resume, which will be no earlier than April 22. The club and the A-League players' union confirmed stand down notices were issued to all players and staff when contacted by the Herald on Wednesday.
The Wanderers have become the third A-League club to stand down its entire roster while the competition is suspended, following Perth Glory and Central Coast Mariners in issuing stand down notices. In a worrying sign for the future of the competition, they aren't expected to be the last.
Senior A-League sources expect a handful of other clubs to not be able to pay their squad until games resume. While final announcements are yet to be made, sources expect Brisbane Roar, Adelaide United, Western United and Newcastle Jets to also issue stand down notices this week.
The A-League is in a precarious financial situation with the competition and Football Federation Australia already preparing for the possible end to their broadcast deal with Fox Sports. The Pay TV provider is expected to try and walk away from its contract with the A-League if the competition fails to provide content for an extended period of time.
Players could leave as free agents after Wanderers stand down entire squad
Western Sydney Wanderers are one of five clubs to have stood down their entire squads due to the COVID-19 pandemic.