Seven-time Slovakian football league champions MSK Zilina have been placed into liquidation as a result of financial troubles after the sea...
Seven-time Slovakian football league champions MSK Zilina have been placed into liquidation as a result of financial troubles after the season was put on hold due to the coronavirus pandemic.
The club have terminated the contracts of 17 players who refused the terms of a pay cut.
“The liquidator dismissed the players with the highest salaries and those whose contracts were finishing this summer or winter,” the club said Monday in a statement.
“We let go of 17 players whose salaries were worth the most,” Rastislav Otruba, the club’s legal representative, told Slovakia’s TASR news agency.
The club had asked players to take a temporary pay cut in order to try and compensate for financial losses after the season was interrupted.
“The proposal was to reduce our salaries by 80 percent, which was a lot,” goalkeeper Dominik Holec wrote on his Facebook page Monday. He said he was “ready to negotiate” a pay cut but not to the extent of the one proposed.
“We received a proposal from the club and we didn’t agree. We nevertheless wanted to reach a deal. We didn’t know the club was going to declare itself insolvent,” Miroslav Kacer, one of the players laid off, told local daily SME.
“Our 2020 budget is based on revenues we were counting...
