The Jambos are one of many teams financially impacted by the football shutdown due to the Covid-19 outbreak. They have been very transparent with their information.
They released last week that all wages across the board were going to be slashed by 50%. Owner Ann Budge then issued a statement this week, giving some further updates and hitting back at media criticism.
A new message from the club has been released after more reports. It was widely reported last night that Budge would invoke Clause 12 in a players contract, should they fail to agree to a wage cut.
Hearts have moved quickly to try and squash these reports. The Gorgie club say that no ‘warning’ has been made to the players, although they will retain the right to suspend their pay if it comes to that stage.
“The club feels it is necessary to clarify, once again, that contrary to a report in the media, no ‘warning’ has been made to our players in regard to agreeing to wage cuts or Clause 12 being invoked,” a statement reads.
“A letter was sent to the squad, on the advice of the SPFL and its legal advisors, in order to protect the Club’s rights. The covering email that accompanied the letter very clearly stated that:
“We have not, at this time, decided to exercise this right and are working diligently to find an alternative solution to the unprecedented financial problems facing the Club as a consequence of the suspension of the game. As previously intimated we plan to pay full salaries as normal until the end of March, 2020. However, in doing so, we need to make it very clear that we do not waive our right to suspend Player agreements in the future, should we require to do so to safeguard the future of the Club.
“Hearts continue to have regular open dialogue with players and are all working together to get through this incredibly difficult time.”