Flamengo announces agreement with players to reduce wages by 25% in May and June | Flemish

By means of a note, Flamengo also reported that the image rights, which would be paid in May and June 2020, will be paid in ten installments from January 2021. The agreement does not include technician Jorge Jesús and his commission.

In the note, the club also mentions that the firing of 6% of the employees, carried out after the group vacations, was a “painful” necessity.

– The measures taken this week (the most painful is the reduction of approximately 6% of its staff), together with this important agreement with the players, will help the Club: to pay all the labor rights of the ex-employees; preserve as much as possible the employment and timely payment of more than a thousand employees, including employees and athletes; to maintain the provision of services to the 16 thousand members of its headquarters and continue with the excellent sports performance in all its sports, wish of the 42 million fans that make up the Nubro Rubro-Negra – the note says.

“The economic crisis resulting from the COVID-19 pandemic is serious and affects everyone. Unfortunately, tough measures are necessary to guarantee the continuity of all institutions and companies. The Flamengo Club, despite its size and balanced financial situation , you are not immune to this.

Within this new economic reality, the Club and its professional soccer team players announce that they have signed an agreement to reduce wages and postpone image rights, which will be valid for the months of May and June 2020. After this period, a re-evaluation of the economic impacts of the pandemic and possible adjustments will be discussed.

For this first moment, the entire professional cast of players authorized the Club to reduce their salaries by 25% in May and June 2020. In addition, they also authorized the postponement of the image rights that would be paid in May and June of 2020 for registration in 10 installments, from January 2021. This agreement will be formalized between the club and the athletes in the coming days.

The measures taken this week (the most painful is the reduction of approximately 6% of its staff), together with this important agreement with the players, will help the Club: to pay all the labor rights of the ex-employees; preserve as much as possible the employment and timely payment of more than a thousand employees, including employees and athletes; maintain the provision of services to the 16 thousand members of its headquarters and continue with the excellent sports performance in all its sports, a wish of the 42 million fans that make up the Rubro-Negra Nucleus.

Finally, Flamengo reaffirms its full certainty that, together, we will win another challenge. “