About: http://data.cimple.eu/news-article/6ac67d6da8b3d88fffd6f21cbaa6288826f0228af01776a40ab02690

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About: http://data.cimple.eu/news-article/6ac67d6da8b3d88fffd6f21cbaa6288826f0228af01776a40ab02690 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Hearts owner Ann Budge has hit back at critics of her request for staff to take a 50 percent wage cut as she hinted football's shutdown could last six months. The Scottish Premiership side were one of the first football clubs to ask employees to bear the brunt of the coronavirus crisis with an immediate loss of income, with matches in Scotland indefinitely suspended. That led to criticism from some quarters about the financial state of the club. But even European giants Bayern Munich have since cut wages and Budge insisted Hearts were not in a more precarious financial position than other clubs before the crisis hit. "In line with most other clubs, we aim to hold sufficient cash reserves to cover two to three months of normal trading operations," she said in an open letter on Thursday. "The reason we are implementing cost-control measures is because we could be facing up to six months of totally abnormal operations." Hearts' financial position could get even worse should they be relegated from the Scottish top-flight. They sit bottom of the Premiership table with eight games remaining, but Budge has threatened legal action if the club are relegated without another ball kicked in the 2019/20 season. She does not believe football will resume before late July at the earliest and said most staff, including players, had agreed to the cuts proposed. "A number of staff and managers offered to take no salary or a larger wage reduction to enable us to better support those who needed it more," Budge said. "I asked all employees to stand together to ensure we can survive the next few months. Their response has been amazing. Most of the staff agreed immediately." kca/jw/dmc
schema:headline	Hearts chief braced for six-month football shutdown
schema:mentions	FC Bayern Munich The Reason (Hoobastank song) Bear Association football Coronavirus disease 2019 Ann Budge Football in Scotland Scottish Premiership Scotland national football team
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	71 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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