Soccer-Serie A players to face automatic 25% pay cut if relegated


FILE PHOTO: A logo of Italy's Lega Serie A is seen in Milan, Italy, December 17, 2019. REUTERS/Flavio Lo Scalzo/ File Photo

ROME (Reuters) -Italian top-flight players will see their salaries slashed by 25% if their teams are relegated to Serie B, under a new agreement between the Italian Footballers' Association and Serie A.

The five-year agreement was announced on Tuesday. The pay cut is aimed at easing the financial strain on clubs that drop out of Serie A and will apply to all contracts signed after September 2, 2025 -- the end of the transfer window.

The new system automatically reduces salaries unless otherwise stipulated in a player's contract. Existing deals will remain subject to previously agreed terms.

If a team earns promotion back to Serie A, affected salaries will return to their original value. The collective bargaining agreement also introduces a minimum salary structure based on a player's age, which cannot be lowered even after relegation.

(Reporting by Alvise Armellini in Rome and Shifa Jahan in BengaluruEditing by Christian Radnedge)

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