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Neville reckons Chelsea will be forced to ‘invest less’ after failing to agree wage cut

Gary Neville believes Chelsea will be forced to ‘invest less’ this summer after failing to agree wage cuts with their players amid the coronavirus crisis.

The current suspension of football has led to many Premier League sides cutting costs amid a lack of revenue at present, with the likes of Arsenal and West Ham having announced pay cuts for the majority of their first-team players and core coaching staff.

Despite initially beginning negotiations with their first-team squad, Chelsea have released a statement saying all playing staff will continue to be paid in full, a decision with Neville believes will impact the club’s spending power in this summer’s transfer market.

Neville believes, however, that the club’s lack of investment could benefit their emerging young talents following the breakthrough of several academy graduates under Frank Lampard this season.

“We have seen in the last few days, Chelsea have not been able to successfully negotiate pay cuts and deferrals with their players,” Neville told Sky Sports.

“This is only coming back one way, when it comes to June 30, Chelsea will invest less in the transfer market, they will invest less in players.

“So if players had taken the pay cuts and deferrals, there would have been more to invest in the summer.

“This is coming back to players, this means young players in academies knocking on the first team door are going to have a greater opportunity.

”That’s the good coming out of the terrible thing that is happening at the moment.”

Read – Premier League clubs to seek approval from UK Govt for football to return in June

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