The Scottish champions have verified their first team members, along with the board, may take pay cuts since the Covid-19 pandemic continues to propagate.
Celtic have verified that staff and players will require a”significant” pay cut to be able to shield the club amid the instability brought on by the present coronavirus pandemic.
In a statement on the team site on Friday, the Scottish winners announced that the first-team group and backroom staff such as director Neil Lennon will”have an important decrease in wages and create deferrals of a substantial percentage of their earnings” between April and June.
Celtic state the steps are to guarantee the financial stability throughout the batting in Scottish soccer – and the game around Europe – due to coronavirus.
The team had been on the point of a consecutive Scottish Premiership title once the year was postponed a month, also it was announced from the Scottish FA the 2019/20 effort won’t restart until June 10 in the first.
We’re well aware of the financial realities and are extremely ready to play our role in recognising them. We’ll encounter this in unity and look forward to the challenges ahead.
“We also know that many within the society, like our very own aid, are confronting distress and, sometimes, tragedy. Everybody at Celtic Football Club, such as my very own backroom staff, expresses our appreciation of their job being performed by NHS staff, carers and all who are providing critical public services at this moment.”
The team said the salary steps will be reassessed in June, based on the circumstance.
Lawwell said: “I’d love to pay tribute to Neil and the players due to their urge to play their role and the results achieved. I’m also thankful to my executive group for the dedication they’ve committed to this result in very hard working circumstances and their own willingness to perform a role in the steps adopted.
“I’m very appreciative of the openness of everybody involved, to recognise the technical difficulties which this dreadful tragedy has produced. Celtic are in a solid financial position, but we aren’t resistant to this exceptional set of conditions.
“Our team is constructed on a wonderful collective soul and we’re acutely aware of our responsibilities to colleagues, fans and culture as a whole. The simple fact that we’re able to declare this package of steps in a spirit of stability will be testimony to the unity that exists inside the bar and will take us into the future.
“We are going to negotiate and conquer all these unprecedented times of struggle with ongoing support and teamwork for one another and I want to thank our supporters for the ongoing support that they give into the club. Our togetherness is our power.
“I also need to take this chance to thank those folks, across numerous regions of life, that are so reluctantly doing everything they can to keep us safe also. Everybody at Celtic applauds this enormous work.”
