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Now also waiver of salary at 1. FC Koln

April 11, 2020
1 min read

Cologne – As one of the last professional football clubs, 1. FC Koln has now agreed with players and executives to waive their wages in the Corona crisis.

«The board, management, coaching team and team have agreed to waive their salary. The department heads also participate. We will save a significant amount, »said CFO Alexander Wehrle the« Express ».

The Bundesliga club has been signalling its willingness to forego for a long time, so there is now an agreement on this. According to information from the “Express”, the FC will save 20 percent of the salary costs for professionals, coaches, the board and management in the future. The Cologne-based company had previously sent a number of employees on short-time work.

Qamar Munawer

Qamar Munawer

Qamar Munawer is an editor at The Eastern Herald covering heritage, travel, tourism, immigration, visas, business and economic developments, with a focus on practical and internationally relevant stories across these areas.

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