33.2 C
Qādiān
Saturday, June 7, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Waiver of wages and short-time work at Eintracht

FRANKFURT – Due to the severe financial impact of the Corona crisis, Eintracht Frankfurt has now also adopted a comprehensive package of measures for economic consolidation. The club announced on Thursday that the board, the licensed players, the sports management, the coaching team and the division heads of the Hessian Bundesliga soccer team waived 20 percent of their salary for three months.

Likewise, the paid executive board members, the management and the management of the performance center will forego salary components of the same amount. In addition, about a third of the employees of Fussball-AG and e.V. will go on short-time work. In addition, the other employees voluntarily waive their salary. Thanks to these measures, according to CFO Oliver Frankenbach, a short-term financial gap of at least 15 million euros can almost be closed.

“We are going through this difficult time together. We know that many employees make their contribution in a variety of ways. We in sport also see ourselves as responsible here,” said Eintracht Sport Director Fredi Bobic and praised: “The discussions with the players were very positive. Everyone has a great understanding and feeling for their role and responsibility. “

More

JJ McCarthy’s injury rattles Minnesota Vikings as quarterback crisis deepens

The Minnesota Vikings, once brimming with optimism after selecting...

Wolves secure victory against Manchester United with 2-0 win

Wolves ease to victory against slumping UnitedFiring Matheus Cunha...

Data-Driven NFL Betting: How to leverage analytics for smarter wagers

Sports betting has evolved far beyond gut feelings and...
Show your support if you like our work.

Author

Kiranpreet Kaur
Kiranpreet Kaur
Editor at The Eastern Herald. Writes about Politics, Militancy, Business, Fashion, Sports and Bollywood.

Editor's Picks

Trending Stories

Laurita Fernandez poses totally nude on her back in her Instagram

Laurita Fernandez is one of the most talented dancers...

JJ McCarthy’s injury rattles Minnesota Vikings as quarterback crisis deepens

The Minnesota Vikings, once brimming with optimism after selecting...

Prostitution in Dubai: Understanding the Dark Side of the City

Dubai, a city celebrated for its lavish shopping experiences,...