Report: Newcastle players to face wage cut if relegated from Premier League

The Newcastle squad are set to be hit financially if relegated to the Championship.

As reported by the Daily Mail, the Newcastle squad will undergo a major wage cut if they fail to keep their Premier League status at the end of this season.

Heading into the last game of the season, the Magpies are two points clear of the final relegation place - occupied by Hull - but they have a worse goal difference. Sunderland are then one point ahead of Newcastle, although they still have two games to play.

Hull are certainly the favourites to go down, but Newcastle are still in the running for the drop, and on current form it is unlikely that they will manage to claim a result in their final day tie with West Ham.

Therefore, the Magpies are still wary of their top flight placing, and the report claims that all the playing squad have relegation clauses in their contracts to reduce their wages should they be playing in the Championship next term.

This is to prevent the same situation as the Tyneside club were under during their last spell in the second tier in 2009, when high earning players were on incredible wage packets due to their former Premier League status.

Not only has this decision secured the financial safety of the club should they be relegated, but it should also bring more motivation to the players to remain in the top flight.

If they know that they are going to be hit from a financial perspective if they fail to win their next game, the players should be doing all they can to secure Premier League survival next weekend.

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