England team agrees to 15% Pay cut for one year - The Daily Guardian https://latest.thedailyguardian.com/others/england-team-agrees-to-15-pay-cut-for-one-year/ https://latest.thedailyguardian.com/others/england-team-agrees-to-15-pay-cut-for-one-year/ October 24, 2020, 9:26 am England men’s centrally contracted cricketers have agreed to a 15 per cent pay cut for a 12-month period from October 1, 2020, following an agreement between the England and Wales Cricket Board (ECB) and the Team England Player Partnership (TEPP) on Friday. 

“In view of the substantial shortfall in the ECB’s revenue as a consequence of the COVID-19 pandemic, the England men’s players have agreed to take a 15% reduction in their remuneration, which is made up of retainers, match fees and win bonuses,” ECB said in a statement.

 Earlier, ECB was forced to lay off 20 per cent of its workforce, a total of 62 roles, in response to a financial hit in excess of 100 million pounds for the 2020 season. Ashley Giles, Managing Director, England Men’s Cricket, said: “I would like to thank the players and TEPP for their collaboration, which has enabled us to reach this agreement.

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